Goldman Sachs Gr Q1 2024 GAAP EPS $11.58 Beats $8.60 Estimate, Sales $14.210B Beat $12.917B Estimate
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs Gr reported Q1 2024 GAAP EPS of $11.58, surpassing the $8.60 estimate, with sales of $14.210B also beating the $12.917B estimate, marking a 16.25% increase over the previous year.

April 15, 2024 | 11:28 am
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Goldman Sachs reported a significant beat on both earnings per share and sales for Q1 2024, with a notable year-over-year sales increase.
Beating both EPS and sales estimates by a wide margin, especially with a double-digit percentage increase in sales compared to the previous year, is a strong positive signal for investors. This performance could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100