Analysts polled by Refinitiv are expecting earnings of $4.89 per share and revenue of $88.828 billion when Goldman Sachs reports second-quarter earnings Tuesday.
Of the six biggest U.S. banks, Goldman Sachs is the most dependent on Wall Street activities like trading.
The New York bank announced its first credit card with Apple in March, and analysts will be looking for any details of what the deal will mean for Goldman's bottom line. CEO David Solomon is also expected to field questions about the ongoing 1MDB scandal.Goldman Sachs is scheduled to report second-quarter earnings before the market opens Tuesday.Revenue: $88.
Of the six biggest U.S. banks, Goldman Sachs is the most dependent on Wall Street activities like trading. But the bank — historically known for its list of wealthy corporate and hedge fund clients — also moved into consumer finance three years ago with its Marcus business.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As Banks Report Earnings, Fed Looks to Take Away the Punch BowlAs big banks’ earnings season begins with Citigroup on Monday, investors will be watching for signs of how much the Fed’s change in policy could hurt their business.
Read more »
Kristin Bell, Mark Wahlberg and Kobe Bryant focus on nutrition, wellness for Amazon Prime DayKristin Bell, Mark Wahlberg and Kobe Bryant focus on nutrition, wellness for AmazonPrimeDay
Read more »
Drake Bell Says Austin Butler Has Elvis Look But Vocals are Tough CallDrake Bell says Austin Butler has the look to play Elvis Presley on the big screen.
Read more »
Half of the companies that have reported earnings so far say the strong dollar is hurting themOf the S&P 500 companies that have reported so far, more than half of them cited a strong greenback as a headwind.
Read more »
Second-Quarter Earnings to Test Soaring MarketThe next test for the highflying stock market begins this week as companies kick off reporting what could be their biggest quarterly profit contraction in three years.
Read more »