Goldman Sachs GAAP EPS of $8.40 beats by $1.48, revenue of $12.7B beats by $940M
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Contributor since / Followers
1 month ago
- Goldman Sachs press release (NYSE:GS): Q3 GAAP EPS of $8.40 beats by $1.48.
- Revenue of $12.7B (+7.4% Y/Y) beats by $940M.
- Annualized return on average common shareholders’ equity (ROE) was 10.4% for the third quarter of 2024 and 12.0% for thefirst nine months of 2024. Annualized return on average tangible common shareholders’ equity (ROTE)1 was 11.1% for thethird quarter of 2024 and 12.9% for the first nine months of 2024.
- Asset & Wealth Management generated quarterly net revenues of $3.75 billion, including record quarterly Management andother fees.
- Assets under supervision increased $169 billion during the quarter to a record $3.10 trillion.
- Book value per common share increased by 1.8% during the quarter to $332.96.