Categories AlphaGraphs, Earnings, Finance

GS Earnings: Key quarterly highlights from Goldman Sachs’ Q3 2023 financial results

The Goldman Sachs Group, Inc. (NYSE: GS) reported third quarter 2023 earnings results today.

Total net revenues dropped 1% year-over-year to $11.82 billion.

Net earnings applicable to common shareholders decreased 36% to $1.88 billion while EPS fell 34% to $5.47 compared to last year.

Both revenue and earnings beat expectations.

During the quarter, the firm returned $2.44 billion of capital to shareholders, including $1.50 billion in share repurchases and $937 million in dividends.

On October 12, 2023, the Board of Directors declared a dividend of $2.75 per common share to be paid on December 28, 2023 to common shareholders of record on November 30, 2023.

The stock was up slightly in premarket hours on Tuesday.

Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Important takeaways from Broadcom’s (AVGO) Q4 2023 earnings

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) ended fiscal 2023 on a positive note, delivering strong results for the fourth quarter. In the new fiscal year, the company’s focus will be

Here’s what Signet Jewelers (SIG) expects for the holiday season and beyond

Shares of Signet Jewelers Limited (NYSE: SIG) were down over 2% on Friday. The stock has gained 40% year-to-date and 27% over the past three months. The jewelry retailer saw

DOCU Earnings: DocuSign Q3 2024 revenue up 9%; profit beats estimates

eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported higher revenues and better-than-expected adjusted earnings for the third quarter of 2024. The company also provided guidance for the fourth quarter and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top