Goldman Sachs Gr Q4 2023 GAAP EPS $5.48 Beats $3.43 Estimate
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs Gr (NYSE:GS) reported a Q4 2023 GAAP EPS of $5.48, surpassing the analyst consensus estimate of $3.43 by 59.77 percent.
January 16, 2024 | 12:35 pm
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Goldman Sachs reported a significant earnings beat for Q4 2023 with an EPS of $5.48 compared to estimates of $3.43.
Earnings beats are typically seen as positive indicators of a company's financial health and often lead to a positive short-term reaction in the stock market. Given the substantial beat of 59.77 percent above analyst expectations, this is likely to be viewed very favorably by investors and could lead to an increase in the stock price of Goldman Sachs in the short term.
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