Comment on Goldman Sachs has golden fourth quarter with $4.78 billion in profits

Goldman Sachs has golden fourth quarter with $4.78 billion in profits

The storied investment bank wallops the $5.25-a-share estimate of analysts with earnings of $8.20 a share, mainly by reducing the amount it set aside for employee compensation. Goldman Sachs Group Inc. beat the rosy estimates of analysts in the fourth quarter largely by pulling back on the amount it will be giving to its employees.

 

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