GOLDMAN Sachs Group has reported third-quarter profit of $US2.24 billion ($A2.42 billion).
THE bank, based in New York, said it had earnings of $US4.57 per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by FactSet was for earnings of $US3.21 per share.The investment bank posted revenue of $US8.39 billion in the period, exceeding Street forecasts. Analysts expected $US7.75 billion, according to FactSet.Goldman shares have fallen slightly since the beginning of the year, while the Standard & Poor's 500 index has increased almost one per cent.The stock has climbed nine per cent in the last 12 months.
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