Recap: Goldman Sachs Group Q3 Earnings

Recap: Goldman Sachs Group Q3 Earnings

Goldman Sachs Group GS reported its Q3 earnings results on Tuesday, October 18, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Goldman Sachs Group beat estimated earnings by 7.0%, reporting an EPS of $8.25 versus an estimate of $7.71.

Revenue was down $1.63 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.48 which was followed by a 5.57% increase in the share price the next day.

Here's a look at Goldman Sachs Group's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 7.25 8.82 11.73 10.11
EPS Actual 7.73 10.76 10.81 14.93
Revenue Estimate 10.96B 11.83B 12.01B 11.67B
Revenue Actual 11.86B 12.93B 12.64B 13.61B

To track all earnings releases for Goldman Sachs Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings