Goldman Sachs Gr Q2 2024 GAAP EPS $8.62 Beats $8.35 Estimate, Sales $12.730B Beat $12.456B Estimate
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs (NYSE:GS) reported Q2 2024 earnings per share (EPS) of $8.62, surpassing the analyst estimate of $8.35. The company also reported sales of $12.730 billion, exceeding the estimate of $12.456 billion. This represents a 16.84% increase in sales compared to the same period last year.
July 15, 2024 | 11:26 am
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Goldman Sachs reported Q2 2024 EPS of $8.62, beating the $8.35 estimate. Sales of $12.730 billion also exceeded the $12.456 billion estimate, marking a 16.84% YoY increase.
Goldman Sachs' better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The significant year-over-year increase in sales further strengthens investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100