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  • Company is valued at $85 billion
  • Nasdaq provided a reference price late Tuesday of $250
  • No shares changed hands at that price because it was a direct listing

  • Firm had strong trading revenues
  • EPS was $4.50 compared to $3.10 estimates
  • Produced $1.8 billion more revenue than analysts had expected

  • Strong earnings fueled by Investment Banking division
  • The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts
  • The results represented growth of 498% from a year earlier
CNBC
Goldman Sachs reports record results that top the Street amid booming investment banking
Goldman Sachs crushed forecasts with record first-quarter net profits and sales due to strong performance in trading and investment banking.

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