David Solomon, CEO Goldman Sachs, speaking connected CNBC's Squawk Box connected April 22nd, 2025.
CNBC
Goldman Sachs is scheduled to study third-quarter net earlier the opening doorbell Tuesday.
Here's what Wall Street expects:
- Earnings per share: $11, according to LSEG
- Revenue: $14.1 billion, according to LSEG
- Trading revenue: Fixed Income of $3.19 billion, Equities of $3.9 billion, per StreetAccount
- Investing banking fees: $2.15 billion, per StreetAccount
Goldman Sachs is acceptable up to beryllium a beneficiary of respective trends successful the 3rd quarter.
Trading desks crossed Wall Street person benefitted arsenic President Donald Trump's tariff policies person roiled markets for bonds, currencies, commodities and stocks.
Investment banking enactment including mergers and IPOs has gained steam, with gross climbing 22% successful the 3rd 4th from a twelvemonth earlier, per Dealogic.
Finally, stocks astatine oregon adjacent grounds highs bodes good for the firm's plus and wealthiness absorption division.
Goldman Sachs gets the bulk of its gross from Wall Street activities including trading and concern banking. That tin pb to outsized returns during roar times and underperformance erstwhile markets don't cooperate.
On Monday, the institution announced it was acquiring Industry Ventures, a task superior steadfast with $7 cardinal successful assets nether supervision, to bolster its plus absorption division.
Shares of the slope person climbed 37% this year.
JPMorgan Chase, Wells Fargo and Citigroup besides merchandise net Tuesday, with Bank of America and Morgan Stanley releasing results Wednesday.
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