Investing.com - Goldman Sachs (NYSE:GS) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $6.04 on revenue of $8.08B. Analysts polled by Investing.com anticipated EPS of $4.42 on revenue of $7.59B. That compared to EPS of $5.68 on revenue of $10.93B in the same period a year earlier. The company had reported EPS of $6.28 on revenue of $8.65B in the previous quarter.
Goldman Sachs shares gained 3.52% to trade at $186.25 in pre-market trade following the report.
For the year, Goldman Sachs shares are up 7.7%, outperforming the S&P 500 which is up 5.78% year to date.
Goldman Sachs follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.9B.
Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.36B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar