Q: What is Goldman Sachs 2024/Q1 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
The financial forecast data for Goldman Sachs (GS) this quarter includes an earnings per share (EPS) estimate of $8.56, total revenue estimate of $12,917,409,460, and an EBIT estimate of $3,980,210,000. Compared to the same period last year:
- EPS has decreased by approximately 13.27% from $9.87.
- Total revenue has increased by approximately 2.24% from $12,694,000,000.
- EBIT has decreased by approximately 7.26% from $4,292,000,000.
The decrease in EPS and EBIT suggests that the company may be facing higher costs or lower profitability, while the increase in revenue indicates that the company is growing its sales.
【Quarterly Important News】
Key news over the past quarter includes:
- StubHub is planning an IPO with Goldman Sachs as a financial advisor, which could reflect positively on GS's investment banking revenue.
- Goldman Sachs' commentary on market conditions and economic forecasts, such as the oil price outlook and China's economic growth, may influence investor sentiment and strategic decisions.
- Goldman Sachs' performance in the Asian capital markets as an underwriter, which could enhance its reputation and financial performance in the region.
These news items are likely to have a positive impact on the current financial report and future development of Goldman Sachs.
【Forecast Viewpoints】
Current viewpoints on Goldman Sachs' financial report from relevant articles include expectations of a rise in quarterly revenue and a focus on idiosyncratic opportunities in the market. Here are the references in HTML format:
- Goldman Sachs Group Inc expected to post earnings of $8.56 a share - Earnings Preview
- How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q1 Earnings Report
- Goldman Options Guru Highlights Top 25 Opportunities Into Earnings Season
- Goldman Sachs BDC Schedules Q1 Earnings Call and Disclosure
【Stock Trend Analysis】
Over the past quarter, Goldman Sachs' stock price has fluctuated by 8.27%. The latest price is $389.49, with a support level at $390.37 and a resistance level at $387.17. The stock price has shown a slight decrease from the support level, indicating a potential consolidation phase. The analyst consensus includes 3 recommendations for "recommend," 13 for "buy," and 8 for "hold," with a mean target price of $431.77, suggesting a potential undervaluation.
【Options Large Order Analysis】
The options large order data is not provided, so an analysis cannot be conducted in this context.
【Analyst Ratings and Target Price Forecast】
With the majority of analysts rating Goldman Sachs as a "buy" and the mean target price above the current stock price, the company appears to be undervalued. This could indicate a positive outcome for the financial report if the company meets or exceeds expectations.
【Comprehensive Conclusion】
Goldman Sachs is expected to report increased revenue but decreased EPS and EBIT compared to the same period last year. The company's involvement in significant market events and positive news in the capital markets could contribute to a favorable outlook. Stock analysis suggests a potential undervaluation, which, combined with the majority of analyst ratings being positive, could lead to a favorable reaction to the financial report.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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