(Reuters) – Goldman Sachs Group Inc (N:) reported higher quarterly profit on Wednesday, driven by strength its core bond trading and underwriting businesses.
The bank’s net earnings applicable to common shareholders rose 2% to $2.25 billion in the quarter ended June 30. Earnings per share rose to $6.26 from $5.81 a year earlier.
Analysts had expected a profit of $3.78 per share, on average, according to the IBES estimate from Refinitiv. It was not immediately clear whether the estimates were comparable with the reported number.
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