The U.S. investment bank posted earnings per share of $14.01 versus $11.62 expected, while quarterly revenue reached $13.45 billion, below analyst estimates.
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Terms & Concepts
Earnings Per Share (EPS): A company's profit divided by the number of its outstanding shares, used to indicate profitability.
Revenue: The total income generated by a company from its business activities, before expenses are subtracted.
Forecast: An estimate or prediction of future financial performance, often based on market trends and analyst models.