Goldman Sachs Group Inc. Bottom Line Rises In Q4, Beats estimates

(RTTNews) - Goldman Sachs Group Inc. (GS) announced a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $1.87 billion, or $5.48 per share. This compares with $1.19 billion, or $3.32 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.9% to $11.32 billion from $10.59 billion last year.

Goldman Sachs Group Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $1.87 Bln. vs. $1.19 Bln. last year. -EPS (Q4): $5.48 vs. $3.32 last year. -Analyst Estimate: $3.20 -Revenue (Q4): $11.32 Bln vs. $10.59 Bln last year.