iBankCoin
Joined Nov 11, 2007
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As Good as Goldman

Goldman Sachs reported sales and earnings well above Wall Street estimates Tuesday.

The Wall Street firm reported net income of $2.74 billion, or $1.56 a share, against $3.29 billion, or $5.59 a share, in the same period last year.

Revenue came in at $11.89 billion, against revenue of $12.77 billion a year ago.

Analysts who follow the company had expected earnings of 82 cents a share on sales of $10.22 billion, according to a survey conducted by Thomson Reuters.”

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