We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Compared to Estimates, Goldman (GS) Q4 Earnings: A Look at Key Metrics
Read MoreHide Full Article
Goldman Sachs (GS - Free Report) reported $13.87 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 22.5%. EPS of $11.95 for the same period compares to $5.48 a year ago.
The reported revenue represents a surprise of +13.11% over the Zacks Consensus Estimate of $12.26 billion. With the consensus EPS estimate being $8.07, the EPS surprise was +48.08%.
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 the metrics most widely monitored and projected by Wall Street analysts:
Book Value Per Share: $336.77 versus the four-analyst average estimate of $335.89.
Assets Under Supervision (AUS) - Total: $3,137 billion versus the three-analyst average estimate of $3,145.32 billion.
Leverage ratio: 5.5% compared to the 6% average estimate based on two analysts.
Advance Capital Rules - Common equity tier 1 capital ratio: 15.4% versus 16.1% estimated by two analysts on average.
Net Revenues- Platform Solutions- Consumer platforms: $597 million versus $620.86 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +18.5% change.
Net Revenues- Global Banking & Markets- Equities: $3.45 billion compared to the $2.98 billion average estimate based on five analysts. The reported number represents a change of +32.4% year over year.
Net Revenues- Global Banking & Markets- Other: $235 million versus $59.53 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +285.3% change.
Net Revenues- Asset & Wealth Management- Private banking and lending: $736 million versus the five-analyst average estimate of $751.03 million. The reported number represents a year-over-year change of +11.4%.
Net Revenues- Asset & Wealth Management- Equity investments: $729 million versus $304 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -13% change.
Net Revenues- Platform Solutions- Transaction banking and other: $72 million compared to the $59.83 million average estimate based on five analysts. The reported number represents a change of -1.4% year over year.
Net Revenues- Global Banking & Markets- FICC: $2.74 billion versus $2.43 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +34.7% change.
Net Revenues- Asset & Wealth Management- Debt investments: $264 million versus $249.60 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -31.3% change.
Shares of Goldman have returned -0.6% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Compared to Estimates, Goldman (GS) Q4 Earnings: A Look at Key Metrics
Goldman Sachs (GS - Free Report) reported $13.87 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 22.5%. EPS of $11.95 for the same period compares to $5.48 a year ago.
The reported revenue represents a surprise of +13.11% over the Zacks Consensus Estimate of $12.26 billion. With the consensus EPS estimate being $8.07, the EPS surprise was +48.08%.
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 the metrics most widely monitored and projected by Wall Street analysts:
- Book Value Per Share: $336.77 versus the four-analyst average estimate of $335.89.
- Assets Under Supervision (AUS) - Total: $3,137 billion versus the three-analyst average estimate of $3,145.32 billion.
- Leverage ratio: 5.5% compared to the 6% average estimate based on two analysts.
- Advance Capital Rules - Common equity tier 1 capital ratio: 15.4% versus 16.1% estimated by two analysts on average.
- Net Revenues- Platform Solutions- Consumer platforms: $597 million versus $620.86 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +18.5% change.
- Net Revenues- Global Banking & Markets- Equities: $3.45 billion compared to the $2.98 billion average estimate based on five analysts. The reported number represents a change of +32.4% year over year.
- Net Revenues- Global Banking & Markets- Other: $235 million versus $59.53 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +285.3% change.
- Net Revenues- Asset & Wealth Management- Private banking and lending: $736 million versus the five-analyst average estimate of $751.03 million. The reported number represents a year-over-year change of +11.4%.
- Net Revenues- Asset & Wealth Management- Equity investments: $729 million versus $304 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -13% change.
- Net Revenues- Platform Solutions- Transaction banking and other: $72 million compared to the $59.83 million average estimate based on five analysts. The reported number represents a change of -1.4% year over year.
- Net Revenues- Global Banking & Markets- FICC: $2.74 billion versus $2.43 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +34.7% change.
- Net Revenues- Asset & Wealth Management- Debt investments: $264 million versus $249.60 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -31.3% change.
View all Key Company Metrics for Goldman here>>>Shares of Goldman have returned -0.6% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.