Goldman Sachs (GS) Tops Q4 EPS by 26c

January 18, 2017 7:36 AM

(Updated - January 18, 2017 7:38 AM EST)

Goldman Sachs (NYSE: GS) reported Q4 EPS of $5.08, $0.26 better than the analyst estimate of $4.82. Revenue for the quarter came in at $8.17 billion versus the consensus estimate of $7.72 billion.

Annualized ROE was 11.4% for the fourth quarter of 2016.

"After a challenging first half, the firm performed well for the remainder of the year as the operating environment improved," said Lloyd C. Blankfein, Chairman and Chief Executive Officer. "We continued to manage our expenses carefully and we enter the new year with industry leading positions across our businesses, as well as strong capital and liquidity."

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