NEW YORK (AP) — NEW YORK (AP) — Goldman Sachs Group Inc. (GS) on Thursday reported fourth-quarter net income of $4.62 billion.
The company, based in New York, said it had earnings of $14.01 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $11.77 per share.
The investment bank posted revenue of $30.13 billion in the period. Its revenue net of interest expense was $13.45 billion, falling short of Street forecasts. Five analysts surveyed by Zacks expected $13.61 billion.
For the year, the company reported profit of $17.18 billion, or $51.32 per share. Revenue was reported as $58.28 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GS at https://www.zacks.com/ap/GS