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Exploring Analyst Estimates for Goldman (GS) Q3 Earnings, Beyond Revenue and EPS
ZACKSยท 2025-10-09 14:15
Core Insights - Goldman Sachs is expected to report quarterly earnings of $10.93 per share, reflecting a 30.1% increase year-over-year, with revenues projected at $13.99 billion, a 10.2% increase from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 2.9% over the past 30 days, indicating analysts have reassessed their projections [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Net Revenues- Platform Solutions- Consumer platforms' at $614.08 million, an increase of 84.4% year-over-year [5] - 'Net Revenues- Asset & Wealth Management- Debt investments' is projected to be $121.25 million, reflecting a decrease of 31.9% from the previous year [5] - 'Net Revenues- Platform Solutions- Transaction banking and other' is expected to reach $63.56 million, a 9.6% increase year-over-year [6] - 'Net Revenues- Asset & Wealth Management- Private banking and lending' is estimated at $788.57 million, indicating a 4.3% increase [6] - 'Net Revenues- Global Banking & Markets- Equities' is forecasted at $3.85 billion, a 10.1% increase [7] - 'Net Revenues- Global Banking & Markets- FICC' is projected to be $3.17 billion, reflecting a 7.1% increase [7] - 'Net Revenues- Global Banking & Markets- Advisory' is expected to reach $1.24 billion, a 42.1% increase [7] - 'Net Revenues- Global Banking & Markets- Equity underwriting' is estimated at $466.30 million, a 21.1% increase [8] Key Metrics - The consensus estimate for 'Book Value Per Share' is $351.45, up from $332.96 in the same quarter last year [8] - 'Assets Under Supervision (AUS) - Total' is expected to reach $3,335.75 billion, compared to $3,103.00 billion in the same quarter last year [9] - The 'Standardized Capital Rules - Common equity tier 1 capital ratio' is projected at 14.5%, slightly down from 14.6% year-over-year [9] - The expected 'Leverage ratio' is 5.1%, down from 5.5% in the same quarter of the previous year [10] Stock Performance - Shares of Goldman Sachs have increased by 0.9% over the past month, compared to a 4% increase in the Zacks S&P 500 composite [11] - Goldman Sachs holds a Zacks Rank of 3 (Hold), indicating it is expected to perform in line with the overall market [11]