Goldman Sachs' Core Business Strength And Future EPS Growth Has Upside, Analyst Says After Q3 Performance

J.P. Morgan analyst Kian Abouhossein expressed the view on Goldman Sachs Group Inc.‘s GS third quarter financial results.Today, the company reported revenue of $12.70 billion, beating the consensus of$11.87 billion, and EPS of $8.40, beating the consensus of$7.03.In the conference call, CEO David Solomon highlighted strong client demand and a rising deal backlog and expects alternative fundraising to exceed $60 billion in 2024.He noted the firm remained below 10-year averages for equity and M&A volumes an ...