Goldman Sachs Beats Earnings Estimates, Shares Gap Higher
October 19, 2010 at 10:59 AM EDT
Shares of Goldman Sachs (GS) gapped higher this morning after the co. reported third-quarter earnings of $2.98 a share on revenue of $8.9 billion, $0.70 better than the Walls consensus. Analysts had expected the firm to report earnings per share of $2.23 on revenue of $7.9 billion, according to Thomson Reuters (TRI). The stock is [...]