Goldman Sachs in the spotlight: Q2 results
Goldman Sachs is set to report its second-quarter results on Monday, sparking excitement on Wall Street. With the financial sector recovering after a slow 2023, analysts are eager to see how the investment giant will fare.
Goldman Sachs Market Forecast
Earnings: Analysts polled by LSEG expect earnings per share of $8.34.
Income: LSEG estimates revenue will reach $12.46 billion.
Trading revenue: StreetAccount expects fixed income revenue of $2.96 billion and equity revenue of $3.17 billion.
Banking Investment: StreetAccount forecasts investment banking revenue to reach $1.80 billion.
Goldman Sachs: A heavy dependence on volatile markets
Goldman Sachs relies heavily on investment banking and trading to generate revenue compared to its major U.S. banking peers. This makes the firm particul...