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.

Comment
Show commentsHide Comments

Latest Markets Videos

Search Stock Quotes
Markets
Commodity Prices
Video Archives
Partner Videos