​Goldman Q3 Profit Jumps 45% On Surge In Equity-Trading Revenue As Earnings Beat Across The Board – Tyler Durden

Goldman Q3 Profit Jumps 45% On Surge In Equity-Trading Revenue As Earnings Beat Across The Board Goldman extended the banks’ solid results this morning when it reported a 45% jump in profit to $3bn in the third quarter, boosted by its equity trading business, while beating solidly on revenues even as the investment bank took another hit from its retreat from retail banking. Goldman’s net income of $2.99bn compared with $2.1bn in the third quarter of last year and outstripped analysts’ estimates of about $2.5bn. Here are the details for Q3: Net Revenue $12.70 billion, beating estimates of $11.77 billion…  — Continue at ZeroHedge News : Read More