Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Goldman Sachs (GS) , which belongs to the Zacks Financial - Investment Bank industry.This investment bank has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.90%.For the last reported quarter, Goldman came out with earnings of $8.40 per share versus th ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

In the latest market close, Goldman Sachs (GS) reached $580.13, with a +0.9% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 1.26%. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 1.77%.Heading into today, shares of the investment bank had lost 3.66% over the past month, outpacing the Finance sector's loss of 5.29% and lagging the S&P 500's loss of 2.82% in that time.Market participants will be closely following the financial results of G ...

Analyst Background - The analyst has experience as an Investments Analyst at a mid-sized asset management firm and focuses on quality long-only articles and high-value companies [3] - The analyst has an event-driven focus, evaluating how equities perform under macro events, considering their financials and corporate strategy [3] - The analyst is associated with Francesco Infusino through university clubs [3] Analyst Position - The analyst holds a beneficial long position in the shares of GS through stock ownership, options, or other derivatives [2] - The analyst wrote the article independently and expresses personal opinions without receiving compensation other than from Seeking Alpha [2] - The analyst has no business relationship with any company whose stock is mentioned in the article [2]

Goldman Sachs (GS) ended the recent trading session at $570.78, demonstrating a +0.83% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.73% for the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq increased by 0.98%.The the stock of investment bank has fallen by 6.09% in the past month, lagging the Finance sector's loss of 2.93% and the S&P 500's gain of 0.34%.The upcoming earnings release of Goldman Sachs ...

New joint ownership will support Omega Healthcare in accelerating their growth journey NEW YORK and TORONTO, Dec. 20, 2024 /PRNewswire/ - Ontario Teachers' Pension Plan ("Ontario Teachers'") makes investment in Omega Healthcare Management Services ("Omega" or "the Company") and joins Private Equity at Goldman Sachs Alternatives as Co-Lead investors. Omega is a leading technology-enabled healthcare management solutions provider. Terms of the transaction were not disclosed. Omega Healthcare works with healthc ...

The Goldman Sachs Group, Inc. (GS) stock looks attractive from its valuation perspective. The stock is trading at forward price/earnings (P/E) of 13.75X, a 3.1% discount compared with the industry average of 14.19X.Price-to-Earnings F12M Image Source: Zacks Investment Research GS is also trading at a discount compared with its peer JPMorgan’s (JPM) P/E multiple of 14.26X and Morgan Stanley’s (MS) P/E multiple of 16.41X.The Goldman stock is trading above its 50-day moving average, indicating a bullish sentim ...

Since my last "hold" rating on The Goldman Sachs Group (NYSE: GS ) in August, the shares have increased by approximately 17.2% . Most of the gains were achieved on November 6th, the day after the US presidential election, whenHey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are tilted toward both the gr ...

The Goldman Sachs Group, Inc. (GS) has obtained regulatory approvals from the Beijing Bureau of China Securities Regulatory Commission to sell funds in China. This was first reported by Reuters.The license was granted to GS’s China securities brokerage unit. This marks a significant step for the U.S. investment bank in the China market.With this, Goldman Sachs has become the latest U.S. investment bank to get a financial license, which is a sign of Beijing's commitment to continue opening the sector to fore ...

The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025.Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages.“I think in 2025 we will certainly be at 10-year averages. We might even be ahead of the 10-year average,” said Solomon, interviewed at the Reuters NEXT conference in New York.The report notes increased enthusiasm about deals since the election of Donald Trump, with some predicting a ...