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Goldman Sachs Group Inc expected to post earnings of $8.56 a share - Earnings Preview

Reuters04-12

* Goldman Sachs Group Inc is expected to show a rise in quarterly revenue when it reports results on April 15 for the period ending March 31 2024

* The New York City-based company is expected to report a 1.8% increase in revenue to $12.917 billion from $12.69 billion a year ago, according to the mean estimate from 13 analysts, based on LSEG data. (Sales/Revenue Majority basis is Total Net Revenue)

* ​LSEG's mean analyst estimate for Goldman Sachs Group Inc is for earnings of $8.56 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Goldman Sachs Group Inc is $445.00​, above​ its last closing price of $397.48. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 3.51 3.51 5.48 Beat 56

Sep. 30 2023 5.28 5.31 5.47 Beat 3

Jun. 30 2023 3.35 3.18 3.08 Missed -3.1​

Mar. 31 2023 7.81 8.10 9.87 Beat 21.9

​​Dec. 5.37 5.48 3.32 Missed -39.4

31 2022

Sep. 30 2022 7.62 7.69 8.25 Beat 7.3​

Jun. 30 2022 6.60 6.58 7.73 Beat 17.5

Mar. 31 2022 8.75 8.89 10.76 Beat 21

This summary was machine generated April 12 at 12:36 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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