Goldman Sachs stock jumps after earnings beat and dividend hike — here’s what moved GS
Goldman Sachs shares rose 4.6% to $975.86 in after-hours trading Thursday after the bank posted quarterly earnings of $14.01 per share on $13.45 billion in revenue, beating estimates. The company raised its quarterly dividend to $4.50 per share. Net earnings reached $4.62 billion, with Global Banking & Markets contributing $10.41 billion in revenue. Operating costs increased due to higher compensation and transaction expenses.