The Goldman Sachs Group, Inc. reports results for the quarter ended September 30 — Earnings Summary

The Goldman Sachs Group, Inc. reported quarterly adjusted earnings of $17.01​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $12.25. The mean expectation of twenty one analysts for the quarter was for earnings of $13.02 per share. Wall Street expected results to range from $11.46 to $15.37 per share. Revenue rose 23% to $18.68 billion from a year ago; analysts expected $16.71 billion. The Goldman Sachs Group, Inc.'s reported EPS for the quarter was $17.01​. The company reported quarterly net income of $5.12 billion. The Goldman Sachs Group, Inc. shares had fallen by 0.7% this quarter and gained 1.7% so far this year. Forecast Changes The mean earnings estimate of analysts had fallen by about 14.3% in the last three months.​ In the last 30 days, sixteen analysts negatively revised earnings estimates Recommendations The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 15 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the investment banking & brokerage services peer group is "buy." Wall Street's median 12-month