Goldman Sachs beats expectations while JPMorgan and Bank of America miss
GS Goldman Sachs Group Inc
$878.72 -1.48%
View chart & analysis → - 1Goldman Sachs reported quarterly net revenue of $18.68 billion, its second-highest quarterly net revenue ever.
- 2JPMorgan Chase recorded net revenue of $50.17 billion, falling short of the $51.22 billion expected by analysts.
- 3Bank of America missed earnings expectations as third-quarter profit fell 17% to $6.93 billion.
So what's the key point?
Goldman Sachs recorded its second-highest revenue ever. In contrast, JPMorgan Chase and Bank of America reported results lower than expert expectations.
Source Fortune · View original ↗
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