EL7.AI
StocksMediumUpdated•Originally published 13 October 2026•Updated 13 October 2026•
1 min read

Goldman Sachs Beats Q3 Earnings Estimates as Revenue Surges

Key Facts

1Goldman Sachs reported GAAP EPS of $17.01, beating analyst estimates by $3.92.
2The bank's revenue reached $18.68 billion, surpassing expectations by $1.79 billion.

Goldman Sachs reported GAAP EPS of $17.01 for the third quarter, beating analyst estimates by $3.92 according to Seeking Alpha. The bank's revenue reached $18.68 billion, surpassing expectations by $1.79 billion, indicating strong performance across its core business segments.

GS closed at $893.95 on October 12, 2026, prior to the release of these results which showed a 23.1% year-over-year increase in revenue. Among industry peers, JPM closed at $334.30 and BAC closed at $54.58 on the same date.

Latest Updates · 1

  1. Notable·

    Update: The rise in profit was primarily driven by strong performance within the bank's equities trading business. This strength contributed to the overall quarterly results exceeding analyst estimates reported on October 13, 2026.