Goldman Sachs posts Q2 earnings blowout, powered by investment banking

Goldman Sachs posts Q2 earnings blowout, powered by investment banking

Goldman Sachs (GS) reported second-quarter earnings results on Tuesday that far exceeded Wall Street’s expectations, driven by strength in investment banking.

Here were the key figures versus expectations: 

Adjusted earnings per share (EPS): $15.02 per share vs. $10.15 estimate

Revenue: $15.39 billion vs. $12.43 billion estimate

Goldman’s investment banking business posted its second-best quarter ever with $3.61 billion, following a record first quarter. Revenue from investment banking…


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