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Goldman Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Goldman Sachs (NYSE: GS) reported $12.73 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.9%. EPS of $8.62 for the same period compares to $3.08 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $12.6 billion, representing a surprise of +1.04%. The company delivered an EPS surprise of +1.17%, with the consensus EPS estimate being $8.52.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Goldman performed in the just reported quarter in terms of ...