Core Insights - Goldman Sachs is expected to report quarterly earnings of $9.43 per share, reflecting a 9.4% increase year-over-year, with revenues projected at $13.5 billion, a 6% increase from the previous year [1] Earnings Estimates - Analysts have revised the consensus EPS estimate 1.1% lower over the last 30 days, indicating a reevaluation of initial forecasts [1][2] - The importance of earnings estimate revisions is highlighted as a predictor of investor actions and stock performance [2] Revenue Projections - Analysts estimate 'Net Revenues- Global Banking & Markets- FICC' to reach $3.39 billion, a year-over-year increase of 6.7% [4] - 'Net Revenues- Asset & Wealth Management- Debt investments' are projected at $151 million, indicating a significant decline of 49.2% from the prior year [4] - 'Net Revenues- Platform Solutions- Consumer platforms' are expected to be $619.93 million, reflecting a 3.5% increase [5] - 'Net Revenues- Global Banking & Markets- Equities' are forecasted at $3.74 billion, showing an 18.2% increase [5] - 'Net Revenues- Asset & Wealth Management- Private banking and lending' is estimated at $744.53 million, a 5.3% increase [6] - 'Net Revenues- Platform Solutions- Transaction banking and other' is expected to be $65.86 million, a decrease of 5.9% [6] - 'Net Revenues- Global Banking & Markets- Advisory' is projected at $891.69 million, a substantial increase of 29.6% [7] - The total 'Net Revenues- Asset & Wealth Management' is estimated at $3.82 billion, a slight decline of 1.5% [7] Key Metrics - The 'Book Value Per Share' is expected to reach $347.76, up from $327.13 in the same quarter last year [8] - 'Assets Under Supervision (AUS) - Total' is forecasted to be $3,228.04 billion, compared to $2,934.00 billion a year ago [8] - The 'Common equity tier 1 capital ratio' is estimated at 15.1%, up from 14.8% year-over-year [8] - The 'Leverage ratio' is expected to be 5.3%, slightly down from 5.4% in the previous year [9] Stock Performance - Goldman Sachs shares have increased by 13.4% over the past month, outperforming the S&P 500 composite, which rose by 4.1% [10]
Stay Ahead of the Game With Goldman (GS) Q2 Earnings: Wall Street's Insights on Key Metrics