Company news: Goldman Sachs’s (GS) quarterly results strongly beat analysts’ estimates

Goldman Sachs (GS) reported Q1 FY2024 earnings of $11.58 per share (versus $8.79 per share in Q1 FY2023), strongly beating analysts’ consensus estimate of $8.73 per share.

The company’s quarterly revenues amounted to $14.210 bln (+16.1% y/y), strongly beating analysts’ consensus estimate of $12.940 bln.

GS rose to $402.75 (+3.40%) in pre-market trading.