Goldman Sachs Profit Soars 47% on Bond-Trading Revenue

The video discusses financial estimates and actual revenue figures, highlighting a significant beat in earnings per share. It analyzes Fick trading and equity trading numbers, noting a strong performance in fixed income but weaker equity trading. Michael Moore provides expert analysis, indicating that the results align with peers and discussing cost management strategies, particularly focusing on reducing non-comp expenses. The video concludes with a discussion on the potential need for a revenue rebound to sustain returns.

What was the Fick trading number reported in the first section?

• $3.75 billion

• $1.7 billion

• $8.717 billion

• $1.96 billion

How did equity trading perform compared to the previous quarter?

• It was significantly higher

• It was a bit light

• It was significantly lower

• It remained the same

What was the total trading revenue mentioned in the second section?

• $3.75 billion

• $1.96 billion

• $1.7 billion

• $8.717 billion

According to Michael Moore, what was impressive in the analysis?

• Overall revenue

• Fixed income results

• Investment banking revenue

• Equity trading

What strategy has been focused on to manage costs according to the third section?

• Increasing revenue

• Reducing non-compensation expenses

• Enhancing investment banking

• Expanding equity trading