
Goldman Sachs ($GS) and BlackRock ($BLK) are set to report their earnings, with BlackRock's numbers expected at 6AM ET and Goldman's at 7:30AM ET. Goldman Sachs's trading unit led to a surge in earnings in the second quarter, with profits more than doubling to $3bn, driven by robust debt underwriting and fixed-income trading. Goldman Sachs reported GAAP EPS of $8.62, beating expectations of $8.42, revenue of $12.7B, beating expectations of $12.4B, and assets under management of $2.93T, beating expectations of $2.91T. Goldman Sachs's profits surged 150% from a year ago on a Wall Street rebound.
🇺🇸U.S Banks are having a great quarter: -Goldman Sachs: EPS of $8.62 vs $8.35 expected (+179% YoY). BEAT✅ - Citigroup: EPS $1.55 vs $1.39 expected (+14% YoY). BEAT✅ - Bank of New York Melon: EPS $1.51 vs $1.42 expected (+9% YoY). BEAT✅ - Wells Fargo: EPS $1.33 vs $1.28…
⚠️ GOLDMAN SACHS SHARES HIT RECORD HIGH; LAST UP 2%
Goldman profits surge 150% from year ago on Wall Street rebound










