Goldman Sachs reported quarterly earnings and revenue that topped analysts' expectations on Wednesday.
The company posted quarterly earnings of $4.68 a share, compared to $4.38 a share in the year-earlier period.
Revenue for the quarter came in at $7.27 billion, against the comparable year-ago figure of $7.69 billion.
Analysts had expected Goldman Sachs to report earnings of about $3.53 a share on $7.07 billion in revenue, according to a consensus estimate from Thomson Reuters.
Goldman Sach's results come amid a string of bank earnings over the past several weeks. Bank of America topped Wall Street's expectations Tuesday, as did Morgan Stanley . However, JPMorgan Chase last week reported a 6.6 percent drop in quarterly profit as legal costs exceeded $1 billion in the wake of government probes, leading Chief Executive Jamie Dimon to claim banks were "under assault."
Goldman Sachs shares were trading near their 52-week low on Tuesday after the broader market has suffered a rocky start to the year.
In September, Goldman Sachs Chairman and CEO Lloyd Blankfein revealed that he is fighting lymphoma. Blankfein, 61, planned to "work substantially as normal, leading the firm" while undergoing treatment. The veteran Wall Street boss, who steered the U.S. investment bank through the financial crisis, has kept a fairly low profile since his diagnosis.
— Reuters contributed to this report.
Sumber : CNBC.com
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