Goldman Sachs Posts Record Q1 Earnings, Surpassing Expectations

Goldman Sachs (NYSE: GS) delivered a strong start to fiscal year 2025 with $15.06 billion in revenue for the first quarter. This surge of 6% compared to the same period last year and 9% growth from Q4 2024, exceeded market expectations of $14.98 billion in revenue and $12.31 EPS. Analysts attribute this positive performance to significant growth in Global Banking & Markets, particularly in equities and Fixed Income, Currency, and Commodities (FICC).