image credit: Patrick Standish / Flickr

Goldman Sachs reports record results that top the Street amid booming investment banking

April 14, 2021


Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses.

The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed by Refinitiv and representing growth of 498% from the same period one year ago. Revenue of $17.7 billion easily topped expectations of $12.6 billion.

Here are the numbers:

Earnings: $18.60 per share, vs. $10.22 per share expected by analysts polled by Refinitiv.

Read More on CNBC