Goldman Sachs reports earnings before market open — here's what the Street expects

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Belgique Dernières Nouvelles,Belgique Actualités

Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.

Analysts polled by LSEG expect earnings per share of $8.56 and revenue of $12.92 billion.Trading Revenue: Fixed income of $3.64 billion and equities of $2.95 billion, per StreetAccountDormant capital markets and missteps tied to Solomon's ill-fated push into retail banking should give way to stronger results this year.

Oil prices could see ‘super spike well above $100' if conflict escalates after Iran's attack on Israel Unlike more diversified rivals, Goldman gets most of its revenue from Wall Street activities. That can lead to outsized returns during boom times and underperformance when markets don't cooperate.for growth has centered on its asset and wealth management division. The business could see gains from buoyant markets at the start of the year, though it also has taken write-downs tied to commercial real estate in the past.

 

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Belgique Dernières Nouvelles, Belgique Actualités

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