Goldman (GS) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

The Goldman Sachs Group, Inc.’s (GS) first-quarter 2024 earnings per share of $11.58 surpassed the Zacks Consensus Estimate of $8.54. Also, the bottom line increased 16.3% from the year-earlier quarter.Shares of the company gained 4.02% in the pre-market trading on an earnings beat. Investors seem to be bullish on the stock because of higher revenues reported in the quarter.Goldman’s results have benefited from the strength in the consumer banking and investment banking business, along with improved fee inc ...