The Goldman Sachs Group, Inc. (GS)
Goldman Sachs earnings smash expectations, sees 'improving backdrop'
Goldman Sachs Group Inc (NYSE:GS) shares are set to climb on Wednesday after the investment bank's fourth-quarter earnings smashed estimates. Earnings per share for the quarter came in at $11.95 a share, miles higher than the $8.22 that Wall Street has pencilled in and 42% higher than the third quarter of 2024 and up 118% year-on-year.
Goldman Sachs Exceeds Estimates in Fourth Quarter Earnings
Goldman Sachs (GS) shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results.
Wall Street Titans May Find A Fly In The Champagne
Goldman Sachs and Morgan Stanley will most likely announce strong revenue growth in full-year results due Tuesday and Wednesday respectively, as an M&A uptick kept their dealmakers busy. Analysts expect both banks to turn in a roughly 12% year-over-year bump in net revenue for all of 2024. Consensus forecasts also expect Goldman and Morgan Stanley's investment banking fees to see a stronger boost of 24% and 35%, respectively. But the boom-bust cycle is rearing its head. Amid inflationary fears and dimming hopes of monetary easing, interest rates are spiking on long-term U.S. government bonds, in turn pushing up rates for companies.
Goldman Sachs profit surges as investment banking, trading fuel bumper quarter
Goldman Sachs' profit more than doubled in the fourth quarter, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending shares up 3% before the bell.
Goldman Sachs is about to report fourth-quarter earnings
Goldman Sachs reports fourth-quarter earnings before market open Wednesday. Analysts surveyed by LSEG expect earnings per share of $8.22 and revenue of $12.39 billion.
Goldman Sachs, JPMorgan Lead Slew Of Bank Earnings. These Stocks Are Basing.
Big banks kick off Q4 results with Goldman Sachs, JPMorgan Chase, Wells Fargo, BlackRock reporting. Some names are basing.
Goldman Sachs (GS) Earnings Expected to Grow: Should You Buy?
Goldman (GS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
'Keep On Truckin'': Goldman Sachs' playbook for 2025
Sharmin Mossavar-Rahmani, Goldman Sachs CIO of wealth management, joins 'Squawk Box' to discuss Goldman Sachs' outlook for 2025, latest market trends, state of the economy, and more.
Goldman names leaders for newly created Capital Solutions Group, memo shows
Goldman Sachs has announced a raft of leadership changes after creating a new division, which will focus on financing large deals and providing loans to corporate clients, according to an internal memo seen by Reuters on Monday.
What Makes Goldman (GS) a New Buy Stock
Goldman (GS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Goldman Sachs: Upcoming Earnings With Optimistic Outlook
Goldman Sachs' stock has surged 46% in a year, and despite potential interest rate risks, it may reach new 52-week highs in 2025. The global banking and asset management segments are key revenue drivers, with steady growth in investment banking fees and management fees. Analysts are optimistic, projecting EPS growth of 18% in 2025 and 13% in 2026, making Goldman Sachs' valuation attractive compared to peers.
Goldman Sachs planning to combine three groups into banking and markets unit, WSJ reports
Goldman Sachs is planning to combine three key groups in its global banking and markets unit, the Wall Street Journal reported on Monday, citing people familiar with the matter.
