Goldman Sachs announced earnings per share of $15.02 on revenue of $15.39B. Analysts polled by Investing.com anticipated EPS of $9.96 on revenue of $12.04B.
Goldman Sachs shares are up 44% from the beginning of the year, still down 3.24% from its 52 week high of $393.26 set on June 7. They are outperforming the Dow Jones which is up 14.34% from the start of the year.
Goldman Sachs’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $3.78 on revenue of $30.48B, compared to forecasts EPS of $3.16 on revenue of $30B.
First Republic Bank had beat expectations on Tuesday with second quarter EPS of $1.84 on revenue of $1.30B, compared to forecast for EPS of $1.73 on revenue of $1.19B.
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