Goldman Sachs Group: Q4 Earnings Insights

In this article:

 

Shares of Goldman Sachs Group (NYSE:GS) moved higher by 0.8% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 157.57% over the past year to $12.08, which beat the estimate of $7.47.

Revenue of $11,741,000,000 rose by 17.94% year over year, which beat the estimate of $9,990,000,000.

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.

Details Of The Call

Date: Jan 19, 2021

View more earnings on GS

Time: 09:30 AM

ET Webcast URL: https://www.goldmansachs.com/investor-relations/index.html

Technicals

Company's 52-week high was at $309.41

Company's 52-week low was at $130.85

Price action over last quarter: Up 45.49%

Company Description

Goldman Sachs is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (40% of net revenue), asset management (25% of net revenue), and consumer and wealth management (15% of net revenue) 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.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement