Goldman Sachs earnings beat by $3.83, revenue topped estimates
- Goldman Sachs reported a profit of $4.11 billion for the fourth quarter, doubling from $2.01 billion a year ago, according to the bank's statement.
- CEO David Solomon noted a shift in CEO confidence following the U.S. Election, stating, 'There has been a meaningful shift in CEO confidence,' according to a transcript from FactSet.
- The bank's investment banking revenue increased by 26% globally in 2024, with North America surging 33% from a year ago, according to data from Dealogic.
- Goldman Sachs shares ended 2024 with a 48.4% surge, the largest rise among the six biggest U.S. Lenders, as reported by the Wall Street giant.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right4Center5Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 25%
C 42%
R 33%
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