Goldman Sachs profit rises on trading, underwriting boost

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The bank’s net earnings applicable to common shareholders rose 2% to $2.25 billion in the quarter ended June 30. Earnings per share rose to $6.26 from $5.81 a year earlier.

Analysts had expected a profit of $3.78 per share, on average, according to the IBES estimate from Refinitiv. It was not immediately clear whether the estimates were comparable with the reported number.

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