Investing.com - Goldman Sachs reported third quarter earnings and revenue that easily beat analysts’ expectations on Tuesday.
The bank reported second quarter earnings per share of $5.02 on revenue of $8.33 billion.
Analysts had expected EPS of $4.17 on revenue of $7.54 billion.
FICC trading revenue was $1.45 billion, against forecasts of $1.38 billion, while investment banking revenue was $1.8 billion compared to forecasts of $1.63 billion.
Goldman shares were up 0.86% in pre-market trade.
Earlier in the day, rival Morgan Stanley (NYSE:MS) also reported earnings that topped analysts expectations.