Goldman Sachs Group Exceeds Expectations with Strong Earnings Results
The Goldman Sachs Group, Inc. has reported strong numbers in its latest results, beating expectations across both revenue and earnings per share.
The company's statutory revenue of US$20 billion and earnings of US$20.98 exceeded analysts' forecasts by 24% and 44%, respectively.
According to the current consensus from Goldman Sachs Group's 19 analysts, revenues are predicted to rise 6.8% to US$72.1 billion in 2026, with statutory earnings per share expected to increase 7.2% to US$70.77.
The analysts' estimates have not changed significantly following the latest results, and the consensus price target remains at US$1,142.
However, there is some variation in estimates among analysts, with a bullish estimate valuing the company at US$1,325 and a bearish estimate at US$730 per share.