Earnings Reports - JPMorgan Chase, Wells Fargo, and Citigroup are reporting results on Wednesday, while Bank of America and Morgan Stanley are due to report on Thursday [1] - Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell on Wednesday [2] Goldman Sachs Performance - Goldman Sachs shares jumped nearly 50% last year, outperforming its big bank rivals, driven by the Federal Reserve's easing cycle and the November election of Donald Trump, which boosted expectations for mergers and stock deals [3] - The bank's fourth-quarter results are expected to show a double-digit percentage rise in investment banking and trading fees, with investment banking revenue for the industry jumping 29% in the quarter, fueled by rising advisory and equity capital markets activity [4] - The buoyant stock market late last year is expected to boost results within Goldman Sachs' asset and wealth management division, which CEO David Solomon has called the growth engine of the firm [5] Strategic Shift - Goldman Sachs has shifted away from an ill-fated foray into consumer finance, a strategic pivot that has led to a different setup compared to a year earlier when the company faced mounting losses and pressure from internal stakeholders [6] Financial Metrics - Goldman Sachs' earnings are expected to be $8 22 per share, with revenue of $12 39 billion [7] - Trading revenue includes $2 45 billion from Fixed Income and $3 billion from Equities, while Investing Banking Revenue is expected to be $2 01 billion [7]

The market expects Goldman Sachs (GS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they mis ...

Goldman Sachs (GS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a chang ...

Key TakeawaysGoldman Sachs is set to report fourth-quarter results before the market opens Wednesday, with analysts expecting revenue and net interest income growth.Just over half of analysts tracked by Visible Alpha have a "buy" or equivalent rating for the stock, with their consensus price target implying about 10% upside.Several other big banks including JPMorgan and Citigroup are also scheduled to report Wednesday morning. Goldman Sachs (GS) is set to report fourth-quarter results before the market open ...

The Goldman Sachs Group, Inc. (GS) is scheduled to release fourth-quarter 2024 earnings on Jan. 15 before the opening bell.Goldman’s close peer JP Morgan (JPM) is slated to announce quarterly numbers on Jan. 15, whereas Morgan Stanley (MS) will come out with its performance details on Jan. 16. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the third quarter of 2024, Goldman's results benefited from the strength in investment banking (IB) business. However, a rise in provisions a ...

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Earnings and Stock Performance - Goldman Sachs Group Inc (NYSE:GS) is scheduled to report quarterly earnings on Wednesday, Jan 15, with analysts expecting earnings of $7 94 per share, significantly higher than the $5 48 per share reported in the same quarter last year [1] - The stock has finished higher after three of its last four earnings reports in 2024, with an average post-earnings move of 2 1% over the past two years, while options markets are pricing in a 5 1% swing for the upcoming report [2] - GS stock has gained 50 2% over the past year and is climbing back toward its Nov 29 record high of $612 73 after bouncing off $544 in mid-December, with support at its 60-day moving average [3] Options Market Activity - Over the past 10 days, the number of puts and calls for GS stock has been equal, which is rare for the company, with a 10-day put/call volume ratio of 1 00 ranking higher than 81% of readings from the past year [4] - A potential unwinding of this pessimism in the options market could help GS extend its recent upward trend [4]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Goldman Sachs (GS) , which belongs to the Zacks Financial - Investment Bank industry.This investment bank has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.90%.For the last reported quarter, Goldman came out with earnings of $8.40 per share versus th ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

In the latest market close, Goldman Sachs (GS) reached $580.13, with a +0.9% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 1.26%. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 1.77%.Heading into today, shares of the investment bank had lost 3.66% over the past month, outpacing the Finance sector's loss of 5.29% and lagging the S&P 500's loss of 2.82% in that time.Market participants will be closely following the financial results of G ...