Goldman Sachs Profit Jumps 74% on Bond Trading

The transcript discusses Goldman Sachs' financial performance, highlighting a net revenue of $7.93 billion, which surpasses estimates. Despite a year-on-year decline in earnings per share, the FICC sales and trading revenue showed significant improvement, increasing Goldman's market share. Equity trading revenue was slightly below estimates, while investment banking fees exceeded expectations. The potential impact of Brexit on trading is also considered, though its effects remain uncertain.

What was Goldman's net revenue for the quarter, and how did it compare to estimates?

• 7.5 billion, below estimates

• 7.93 billion, below estimates

• 7.93 billion, above estimates

• 8.5 billion, above estimates

How did Goldman's earnings per share for the quarter compare to the previous year?

• Higher than the previous year

• Lower than the previous year

• Equal to the previous year

• Not mentioned

What was the market share increase for Goldman's FICC trading?

• 10%

• 15% or more

• 20%

• 5%

Which competitor had a higher market share than Goldman before this quarter?

• Morgan Stanley

• Bank of America

• Citigroup

• JP Morgan

How did Goldman's equity trading revenue perform compared to estimates?

• Below estimates

• Above estimates

• Equal to estimates

• Not mentioned