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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Paul Kern who wrote (75370)12/12/2006 8:40:28 AM
From: Paul Kern  Read Replies (1) of 110194
 
DJ Goldman Sachs 4Q EPS $6.59 >GS

DOW JONES NEWSWIRES

Goldman Sachs Group Inc. (GS) Tuesday said fourth-quarter net income rose 93% to $3.15 billion, or $6.59 a share on $9.4 billion of net revenue.

Earnings per share and revenue both surpassed analyst estimates as capital market advances, strong advisory fees and big gains on proprietary investments lifted the Wall Street giant's earnings.

Analysts polled by Thomson Financial had, on average, expected the firm to earn $6.04 cents a share on revenue of $8.96 billion. In the year-earlier fourth quarter, the company earned $1.63 billion, or $3.35 a share.

-Greg Morcroft; 415-439-6400; AskNewswires@dowjones.com
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