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Business October 16, 2026

Goldman Posts Near-30% EPS Beat as Equities Surge; JPMorgan Misses for First Time in Three Years

Goldman Sachs reported Q3 EPS of $17.01 on $18.68 billion in revenue, driven by a 72% jump in equities trading, while JPMorgan fell short of estimates for the first time in nearly three years as fixed-income trading and dealmaking softened.

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