NEW YORK - Goldman Sachs (NYSE:GS) is set to unveil its fourth-quarter financial results tomorrow, with expectations pointing to a rise in earnings per share (EPS) and a modest increase in sales revenue. The Wall Street titan anticipates its EPS to climb to $3.62, marking an improvement from the $3.32 reported in the same quarter of the previous year.
In addition to the anticipated EPS growth, the company forecasts a 1.93% uptick in sales, which would translate to $10.80 billion in revenue. This expected performance signals a positive turnaround for Goldman Sachs, particularly when juxtaposed against the backdrop of the previous fiscal year, during which the firm recorded a loss.
The projected EPS for the full fiscal year stands at $21.31, showcasing a recovery and a potential return to profitability for the investment banking firm.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.