Goldman Sachs-Earnings Estimates Rising for Goldman (GS): Will It Gain?

Core Viewpoint - Goldman Sachs (GS) is positioned as a strong investment opportunity due to significant revisions in earnings estimates, indicating a positive earnings outlook that may continue to drive stock performance [1][2]. Current-Quarter Estimate Revisions - The earnings estimate for the current quarter is $12.64 per share, reflecting a year-over-year increase of +9.15% - The Zacks Consensus Estimate has risen by 5.51% over the last 30 days, with five analysts increasing their estimates and no negative revisions [4]. Current-Year Estimate Revisions - For the full year, Goldman Sachs is expected to earn$ 46.81 per share, which is a +15.47% change from the previous year - The consensus estimate has increased by 8.76% over the past month, with seven estimates moving higher and no negative revisions [5]. Favorable Zacks Rank - The positive estimate revisions have led Goldman Sachs to achieve a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance - Research shows that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [6]. Bottom Line - The stock has gained 10.5% over the past four weeks, driven by solid estimate revisions, suggesting that it may be a good time for investors to consider adding Goldman Sachs to their portfolios [7].