Goldman Sachs Is Set to Report Fourth-Quarter Earnings —Here's What the Street Expects
Shares of the bank dropped 3% in premarket trading.
Goldman Sachs has thrived during the past two years — a booming period in capital markets that suited the bank's Wall Street-centric business model.The question is timely because the red-hot trading markets of the past year are expected to cool down in 2022. Fixed income trading in particular is expected to decline in the fourth quarter.
That's expected to be offset by robust investment banking revenue amid a high rate of mergers and SPAC deals. Analysts will be keen to ask Solomon how the transaction pipeline looks in early 2022. While trading revenue is expected to normalize from a record period, retail banks have gained favor with investors lately. That's because big bank peers like
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Goldman Sachs has a bunch of new buy-rated stocks — and says 5 have upside of more than 90%Goldman Sachs' analysts have given 49 stocks a 'buy' rating since January, and expect five of them to rally over 90% this year.
Consulte Mais informação »
The last chance for some filers to avoid a tax penalty is Jan. 18Fourth-quarter estimated tax payments are due on Jan. 18 for income from self-employment, small businesses and more. Here’s how to avoid penalties.
Consulte Mais informação »
Ethereum, Dogecoin and Shiba Inu Chipping Away at Bitcoin's Crypto Payment Market Share$ETH, $LTC, $SHIB, $DOGE are among the most popular cryptocurrencies with BitPay clients
Consulte Mais informação »
49ers report card: No Bosa, no Warner, but no fourth-quarter collapse to mourn in DallasThe 49ers outlasted the Dallas Cowboys 23-17 for a wild-card playoff win thanks to their defensive cohesion and, of course, Deebo Samuel.
Consulte Mais informação »
Goldman Sachs has a bunch of new buy-rated stocks — and says 5 have upside of more than 90%Goldman Sachs' analysts have given 49 stocks a 'buy' rating since January, and expect five of them to rally over 90% this year.
Consulte Mais informação »
Eagles Player Shoves Brady During Fourth Quarter of Wild-Card GameTom Brady took issue with Derek Barnett's shove from behind in the fourth quarter
Consulte Mais informação »