
Shares rose more than 2% in premarket trading and later reached record highs after the bank reported record second-quarter revenue of $20.34 billion and EPS of $20.98, well above analyst expectations.
Goldman Sachs reported record second-quarter results, with revenue of $20.34 billion, above analyst estimates of $16.22 billion, and earnings per share rising 92% year over year to $20.98. Fixed income, currency and commodities trading revenue increased 32% from a year earlier to $4.59 billion, supported by strong client activity and strategic dealmaking. Investors responded positively, sending the bank's shares more than 2% higher in premarket trading and later to record highs.