• Goldman Sachs 3Q profit rose 18 percent, topping estimates

    30 days ago - By Chron

    NEW YORK - Goldman Sachs Group Inc. says third-quarter earnings rose 18 percent to $2.52 billion.
    The company, based in New York, says it had earnings of $6.28 per share, up from $5.02 in the year-ago quarter.
    The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $5.42 per share.
    The investment bank posted revenue of $8.65 billion in the period, up from $8.33 billion a year ago, and topping Street forecasts.
    Goldman shares have dropped 16 percent since the beginning of the year, while the Standard &...
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  • Johnson & Johnson tops 3Q expectations

    30 days ago - By Chron

    NEW BRUNSWICK, N.J. - Johnson & Johnson is edging out profit and revenue expectations for the third quarter and raising its profit outlook as domestic sales rise.
    The company on Tuesday reported third-quarter earnings of $3.93 billion, or $1.44 per share. Earnings, adjusted for one-time gains and costs, were $2.05 per share, or 2 cents better than expected, according to a survey by Zacks Investment Research.
    Revenue was $20.35 billion, also exceeding forecasts.
    Johnson & Johnson expects full-year earnings in the range of $8.13 to $8.18 per share, with revenue in the range of $81 billion to...
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