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Barchart
Barchart
Aditya Sarawgi

What to Expect From Goldman Sachs’ Next Quarterly Earnings Report

Valued at $179.8 billion by market cap, The Goldman Sachs Group, Inc. (GS) operates as a leading global financial holding company. The New York-based capital markets giant provides a range of services for corporations, institutions, governments, and individuals. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. Goldman is set to release its Q4 earnings before the market opens on Wednesday, Jan. 15.

Ahead of the event, analysts expect Goldman to report an adjusted profit of $7.94 per share, up 44.9% from $5.48 per share reported in the year-ago quarter. Furthermore, the company has exceeded analysts' earnings estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 53.6% year-over-year to $8.40, exceeding analysts’ estimates by 22.6%.

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