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Goldman Beats Earnings Estimates as Wealth Management Revenue Jumps 23%

Por: MarketWatch Business January 16, 2024

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For the year, Goldman reported earnings of $22.87 a share, which beat analysts’ expectations of $21.31 a share. It was, however, the bank’s lowest annual profit since 2019, when it posted earnings of $21.03 a share. Total net revenue in the fourth quarter of $11.32 topped expectations of $10.8 billion. Revenue a year earlier was $10.59 billion. The increase was partially due to a 23% jump in revenue at the bank’s asset and wealth... + full article



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