The Goldman Sachs Group, Inc.

Equities

GS

US38141G1040

Investment Banking & Brokerage Services

Market Closed - Nyse Other stock markets 01:30:02 16/07/2024 am IST			5-day change	1st Jan Change
492.2 ^USD	+2.57%		+5.91%	+27.60%

15/07	Dow Closes at Record High After Fed Chair Powell's Remarks	MT
15/07	Dow Closes at Record High After Fed Chair Powell's Comments	MT

The Goldman Sachs Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

July 15, 2024 at 05:08 pm IST

The Goldman Sachs Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net income was USD 3,043 million compared to USD 1,216 million a year ago. Basic earnings per share from continuing operations was USD 8.73 compared to USD 3.09 a year ago. Diluted earnings per share from continuing operations was USD 8.62 compared to USD 3.08 a year ago.
For the six months, net income was USD 7,175 million compared to USD 4,450 million a year ago. Basic earnings per share from continuing operations was USD 20.44 compared to USD 12 a year ago. Diluted earnings per share from continuing operations was USD 20.21 compared to USD 11.91 a year ago.

Latest news about The Goldman Sachs Group, Inc.

Dow Closes at Record High After Fed Chair Powell's Remarks	16/07	MT
Dow Closes at Record High After Fed Chair Powell's Comments	16/07	MT
US Equities Markets Close Higher Monday After Fed Chair Powell Hints Rate Cut Ahead of Inflation Target	16/07	MT
Wall St ends higher as investors firm bets on Trump win	16/07	RE
Sector Update: Financial Stocks Advance Late Afternoon	16/07	MT
Stocks, Treasury yields gain as investors assess prospect of Trump win	16/07	RE
Wells Fargo Raises Goldman Sachs Group's Price Target to $550 From $504, Keeps Overweight Rating	16/07	MT
RBC Raises Goldman Sachs' Price Target to $500 From $435, Sector Perform Rating Maintained	16/07	MT
Equity Markets Rise Intraday After Fed Chair Powell's Comments	16/07	MT
S&P 500, Dow Hit Fresh Records as Dem, GOP Presidency Hopefuls Urge Unity After Assassination Attempt on Trump	15/07	MT
Sector Update: Financial Stocks Gain in Afternoon Trading	15/07	MT
Sector Update: Financial	15/07	MT
Top Midday Stories: Trump Media & Technology Group Shares Rise After Ex-President Trump Survives Assassination Attempt; Goldman Sachs, BlackRock Q2 Earnings Gain; Edwards Lifesciences to Acquire Innovalve Bio Medical	15/07	MT
S&P 500, Dow Hit Fresh Record Highs in Midday Trading	15/07	MT
Wall St rises as investors bet on second Trump term	15/07	RE
Stocks rise, yields up as investors assess prospect of Trump win	15/07	RE
Goldman Sachs Second-Quarter Results Top Views Amid 21% Gain in Investment Banking Fees	15/07	MT
Sector Update: Financial Stocks Edge Higher Premarket Monday	15/07	MT
Sector Update: Financial	15/07	MT
Goldman Sachs' Q2 Earnings, Net Revenue Rise; Quarterly Dividend Raised	15/07	MT
Goldman Sachs to Raise $2 Billion for First Asia-Focused Private Equity Fund	15/07	MT
Goldman Sachs Reports Q2 Net Revenue of $12.73 Billion, Up From $10.90 Billion a Year Earlier	15/07	MT
Goldman Sachs Q2 EPS Improves to $8.62 From $3.08 a Year Earlier	15/07	MT
GOLDMAN SACHS GROUP INC : RBC remains Neutral	15/07	ZD
GOLDMAN SACHS GROUP INC : Jefferies reiterates its Buy rating	15/07	ZD

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Company Profile

The Goldman Sachs Group, Inc. specializes in investment services. Revenues break down by activity as follows: - investment services (47%): involved in the stock, interest, exchange, raw material, and other; - asset and wealth management (22.7%). The group is also makes investments in fast growing technology companies; - investment banking (18.5%): consulting for merger-acquisitions, stock operations, etc.; - others (11.8%). Revenues are distributed geographically as follows: Americas (60.5%), Europe/Middle East/Africa (27.2%) and Asia (12.3%).

Sector

Investment Banking & Brokerage Services

Calendar

15/10/2024 - Q3 2024 Earnings Release

Related indices

Dow Jones Industrial , S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Goldman's Solomon on France, Markets and Growth Strategy

May 13, 2024 at 09:36 pm IST

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Ratings for The Goldman Sachs Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

492.2 USD

Average target price

469.9 USD

Spread / Average Target

-4.54%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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