Goldman Sachs Exceeds Estimates in Fourth Quarter Earnings

Goldman Sachs (GS) shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results. The bank reported $4.11 billion in profit on$13.87 billion in revenue, well above the respective $2.89 billion and$12.31 billion that analysts estimated, per Visible Alpha. Goldman registered $2.35 billion in net interest income, above the$2.1 billion expectation. "I'm encouraged that we have met or exceeded almost all of the targets we set in our strategy to grow the firm ...