Goldman Sachs (GS) earnings 4Q 2023
From CNBC:
Goldman Sachs is set to announce fourth-quarter earnings, with expert expectations of $3.51 per share and $10.8 billion in revenue. Despite a challenging year, hope is growing that the company will rebound after moving away from failed consumer banking efforts. Analysts are keen to hear about the possibility of a 2024 rebound and signs are indicating that corporations are preparing to make moves this year. The company’s reliance on Wall Street revenue can lead to significant returns during prosperous times, but underperformance when markets are challenging. The earnings announcements of JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo were impacted by one-time items, serving as developments in this evolving story. Keep an eye out for updates.
Read more: Goldman Sachs (GS) earnings 4Q 2023