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StockNews.com
Business
Mangeet Kaur Bouns

Goldman Sachs (GS) Earnings Report: Buy, Hold, or Sell After Earnings Call?

The Goldman Sachs Group, Inc. (GS), a leading global investment banking, securities, and investment management firm, is scheduled to release its quarterly earnings results on Tuesday, October 17, 2023, before the market opens. Analysts expect revenue and EPS for the third quarter (ended September 2023) to decline 7% and 32.8% year-over-year to $11.13 billion and $5.54, respectively.

The company is expected to report a steep third-quarter earnings drop as deal-making dries up and the bank retreats from a loss-making consumer business.

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