Record Revenues: Goldman Knocks Ball Out of Park


Goldman Sachs reported a 33 percent rise in quarterly earnings on Tuesday as a strong gain in trading was offset by a one-time charge to repay government loans.

Wall Street's largest surviving investment bank reported net income for common shareholders of $2.7 billion, or $4.93 a share, compared with $2.05 billion, or $4.58 a share, in the closest year-earlier quarter.

The results came in above analysts' consensus forecast. CNBC's David Faber shares his analysis of Goldman Sachs' earnings.

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