News Formal

Goldman Sachs seen headed to steep earnings drop as deal-making lags

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Goldman Sachs seen headed to steep earnings drop as deal-making lags

© Reuters. FILE PHOTO: The Goldman Sachs company logo is on the floor of the New York Stock Exchange in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo/File Photo

"Goldman is more beholden to the capital markets" than other banks, said Stephen Biggar, an analyst at Argus Research Corp. Investment-banking doldrums are the biggest reason for weak earnings, he added. While it did not disclose the deal's value, Goldman will take a charge of 19 cents per share for the third quarter, adding to a previous writedown of $504 million in the second quarter.

UBS on Wednesday cut its target price for Goldman Sachs to $382 a share from a previous target of $400. UBS still has a buy rating on the stock. "It's still very uncertain," Solomon told Reuters in an interview last month."People are starting to open up to a better environment and think a little bit more forward strategically, but there's a lag time," he said, referring to M&A.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 450. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSkyGoldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led by private equity firm Sixth Street. The…
ソース: NBCLA - 🏆 319. / 59 続きを読む »