Goldman Sachs posted third-quarter earnings and sales that were above analysts' expectations on Friday.
Goldman Sachs reported $14.93 earnings per share on $13.61 billion in revenue. Investing.com polled analysts, who predicted EPS of $10.11 on revenue of $11.72 billion.
Goldman Sachs' stock has been up 48 % since the start of the year, but it is still down 7.03 % from its 52-week high of $420.76 reached on August 30. They have outperformed the S&P 500, which has gained 18.16 % since the beginning of the year.
Following the release of the study, Goldman Sachs' stock rose in pre-market trading.
This month, Goldman Sachs will be closely following the earnings of other large financial institutions.
JPMorgan announced earnings of $3.74 per share on revenue of $30.44 billion on Wednesday, beating expectations of $3 per share on revenue of $29.86 billion.
On Thursday, UnitedHealth reported third-quarter earnings of $4.52 per share on revenue of $72.34 billion, compared to a projection of $4.41 per share on revenue of $71.3 billion.