Goldman Sachs earnings SMASH estimates: Massive profit jump

Goldman Sachs announces important Q2 earnings, reporting $20.98 EPS against an estimated $14.48, and gross of $20.34 billion, beating the $16.13 cardinal estimate. Investment banking fees jumped 55% to $3.

Goldman Sachs announced important Q2 earnings, with $20.98 EPS and $20.34 cardinal successful revenue, exceeding estimates. Investment banking fees surged 55% to $3.4 billion, driven by an progressive IPO and M&A market. The institution besides accrued its quarterly dividend to $5 per share, effectual Q3. This beardown fiscal study caused the banal to emergence 2% successful pre-market trading