Goldman Sachs (GS) Tops Q2 EPS by 92c

July 16, 2019 7:26 AM

Goldman Sachs (NYSE: GS) reported Q2 EPS of $5.81, $0.92 better than the analyst estimate of $4.89. Revenue for the quarter came in at $9.46 billion versus the consensus estimate of $8.83 billion.

“We’re encouraged by the results for the first half of the year as we continue to invest in new businesses and growth to serve a broader array of clients. Given the strength of our client franchise, we are well positioned to benefit from a growing global economy. And, our financial strength positions us to return capital to shareholders, including a significant increase in our quarterly dividend in the third quarter.”

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