Goldman Sachs Group Inc. (GS) reported a profit for its fourth quarter that increased from last year.
The company's bottom line totaled $4.36 billion, or $12.08 per share. This compares with $1.72 billion, or $4.69 per share, in last year's fourth quarter.
Analysts had expected the company to earn $7.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.9% to $11.74 billion from $9.96 billion last year.
Goldman Sachs Group Inc. earnings at a glance:
-Earnings (Q4): $4.36 Bln. vs. $1.72 Bln. last year.
-EPS (Q4): $12.08 vs. $4.69 last year.
-Analysts Estimate: $7.47
-Revenue (Q4): $11.74 Bln vs. $9.96 Bln last year.
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