Recap: Goldman Sachs Q1 Earnings


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Shares of Goldman Sachs Group (NYSE:GS) moved higher by 1.4% in pre-market trading after the company reported Q1 results.

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Quarterly Results

Earnings per share increased 498.07% year over year to $18.60, which beat the estimate of $10.22.

Revenue of $17,704,000,000 rose by 102.49% year over year, which beat the estimate of $12,610,000,000.

Looking Ahead

Goldman Sachs Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.


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Details Of The Call

Date: Apr 14, 2021

Time: 09:30 AM

ET Webcast URL: https://event.webcasts.com/viewer/event.jsp?ei=1442843&tp_key=7f94faccc9

Recent Stock Performance

Company's 52-week high was at $356.85

Company's 52-week low was at $165.36

Price action over last quarter: Up 14.44%

Company Overview

Goldman Sachs is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (40%), asset management (25%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa. In 2008, Goldman reorganized itself as a financial holding company regulated by the Federal Reserve System.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNewsBZI-Recaps