Goldman Sachs surpassed expectations for earnings per share (EPS) in Q4 by a significant margin, exceeding the FactSet consensus by 45.6%. This impressive performance marks the largest EPS beat since last year’s fourth quarter, where their EPS was $5.48, topping the consensus of $3.62 by 51.4%.
Looking deeper into the data over the last five years, this recent beat is ranked as the eighth-largest, according to FactSet. The most notable beat occurred in the first quarter of 2021, where their EPS of $18.60 soared 82% above the predicted $10.22. Such consistent overachievement is a testament to Goldman’s robust financial strategies and operational execution.