Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters on New York City, US, 2023 February, 2023.
Brendon McDermid | Roots
Goldman Sachs The opening bell on Wednesday is scheduled to report the second quarter earnings before the bell.
What does Wall Street expect here:
- Earning: $ 9.53 per share, according to LSEG
- Revenue: $ 13.47 billion, according to LSEG
- Trading Revenue: A fixed income of $ 3.28 billion, equity of $ 3.65 billion, per street
- Investment Banking Fee: $ 1.9 billion, per strketing
Goldman Sachs is considered a beneficiary of many trends in the second quarter.
Wall Street has a trading desk Benefit As President Donald Trump’s tariff policies have prevented markets for bonds, currencies, goods and stocks.
Investment is banking activity including merger and loan issuance Cas crossed Expectations in rivals including JPMorgan Chase Thanks to a sharp reversal in asset values from April offering.
Recovery in stock prices is also well for the firm’s property and money management division.
Goldman Sachs receives most of its revenue from Wall Street activities including trading and investment banking. When there is no cooperation in the market, external returns may occur during boom time and underperformance.
Bank shares have climbed 23% this year.
On Tuesday, JP Morgan, City group And Wells Fargo Each post results that topped the expectations for the earnings and revenue of analysts.
This story is developing. Please check back for updates.
