Goldman Sachs Beat Forecasts, Profits Double

Goldman Sachs (GS) on Tuesday reported that its first-quarter earnings doubled. The co. saw its earnings per share come in at $5.59 in the period, compared with estimates of $4.01. Net income rose to $3.29 billion, nearly double the $1.66 billion, or $3.39 per share, from the same time period in 2009. The earnings beat analysts’ forecast for EPS of $4.01 according to estimates compiled by Thomson Reuters (TRI).

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