Goldman Sachs Posts Q3 Earnings and Revenue Above Estimates

The bank reported $12.25 earnings per share and $15.1 billion revenue for the third quarter, surpassing analyst forecasts.

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Terms & Concepts
  • Earnings Per Share (EPS): A company's profit divided by the number of outstanding shares, indicating profitability.
  • Revenue: Total income generated by a company from its business activities during a specific period.
  • Estimates: Analyst predictions of a company's financial performance used as benchmarks for actual results.