Goldman Sachs Earnings Estimate

GS -  USA Stock  

USD 341.03  1.65  0.48%

Many public companies, such as Goldman Sachs, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Goldman Sachs' earnings estimates, investors can diagnose different trends across Goldman Sachs' analyst sentiment over time as well as compare current estimates against different timeframes.
Goldman Sachs is projected to generate 60.7 in earnings per share on the 31st of December 2021. Goldman Sachs earnings estimates module stress-tests analyst consensus about projected Goldman Sachs Group EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Risk vs Return Analysis.

Goldman Earnings Estimates 

 
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As of 01/27/2022, Profit Margin is likely to grow to 0.24, while Gross Profit is likely to drop slightly above 47 B.
Share

Goldman Sachs Earnings Estimation Breakdown

Calculation of earning per share of Goldman Sachs Group is based on official Zacks consensus of 6 analysts regarding Goldman Sachs future annual earnings. Given the historical accuracy of 76.32%, the future earnings per share of Goldman Sachs is estimated to be 60.7 with the lowest and highest values of 59.7 and 62.47, respectively. Please note that this consensus of annual earnings estimates for Goldman Sachs Group is an estimate of EPS before non-recurring items and including employee stock options expenses
Current EPS 60.63
59.70
Lowest
Estimated EPS
60.7
62.47
Highest

Goldman Sachs Earnings Projection Consensus

Suppose the current estimates of Goldman Sachs' value are higher than the current market price of the Goldman Sachs stock. In this case, investors may conclude that Goldman Sachs is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Goldman Sachs' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

6

76.32%

60.63

60.7

Goldman Sachs Earnings History

Earnings estimate consensus by Goldman Sachs Group analysts from Wall Street is used by the market to judge Goldman Sachs' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Goldman Sachs' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Goldman Sachs Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

7.35 BillionShare
As of 01/27/2022, Price to Earnings Ratio is likely to grow to 10.68, while Accumulated Retained Earnings Deficit are likely to drop slightly above 118.1 B. Goldman Sachs Weighted Average Shares is relatively stable at the moment as compared to the past year. Goldman Sachs reported last year Weighted Average Shares of 320.76 Million. As of 01/27/2022, Weighted Average Shares Diluted is likely to grow to about 359.1 M, while Issuance Purchase of Equity Shares is likely to drop (2.4 B).
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Goldman Sachs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Goldman Sachs in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
338.36340.46342.56
Details
Intrinsic
Valuation
LowReal ValueHigh
307.18410.60412.70
Details
16 Analysts
Consensus
LowTarget PriceHigh
390.00463.56598.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Goldman Sachs. Your research has to be compared to or analyzed against Goldman Sachs' peers to derive any actionable benefits. When done correctly, Goldman Sachs' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Goldman Sachs Group.
Note that many institutional investors and large investment bankers can move markets due to the volume of Goldman assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Goldman Sachs. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Goldman stock price in the short term.

Goldman Sachs Earnings per Share Projection vs Actual

Actual Earning per Share of Goldman Sachs refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Goldman Sachs Group predict the company's earnings will be in the future. The higher the earnings per share of Goldman Sachs, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Goldman Sachs Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Goldman Sachs, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Goldman Sachs should always be considered in relation to other companies to make a more educated investment decision.

About Goldman Sachs Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Goldman Sachs earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Goldman Sachs estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Goldman Sachs fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit129.9 B118.1 B
Earning Before Interest and Taxes EBIT14.4 B13.8 B
Earnings per Basic Share 28.68  24.53 
Earnings per Diluted Share 28.45  24.22 
Price to Earnings Ratio 9.52  10.68 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA16.5 B15.7 B
Earnings before Tax14.4 B13.8 B
The Goldman Sachs Group, Inc., a financial institution, provides range of financial services for corporations, financial institutions, governments, and individuals worldwide. The company was founded in 1869 and is headquartered in New York, New York. Goldman Sachs operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 43000 people.

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Please check Risk vs Return Analysis. Note that the Goldman Sachs Group information on this page should be used as a complementary analysis to other Goldman Sachs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Goldman Sachs Group price analysis, check to measure Goldman Sachs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.
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Is Goldman Sachs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goldman Sachs. If investors know Goldman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goldman Sachs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Goldman Sachs Group is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine Goldman Sachs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.