Goldman Sachs Group Inc. , right before the market opened on Thursday 15, October, showed off its earnings numbers for the three months through September. Earnings for the quarter came in at $2.90 per share. The firm showed sales totaling $6.86B for the three months.
In the run up to the release of today’s results, analysts following the firm were looking for earnings per share of $2.91 from Goldman Sachs Group Inc. for the quarter. Sales for the period were forecast to come in at $7.12B by consensus.
Goldman Sachs Group Inc. results by comparison
The same three months of 2014 saw Goldman Sachs Group Inc. earn $4.57 on sales that came to $8.39B. In the last twelve months, shares in the firm have gained 1.66 percent of their value. In the three months leading into the release of these results the firm lost 14.6 percent.
The Goldman Sachs Group, Inc. , is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals. The Company has four business segments.
Analysts look at The Goldman Sachs Group, Inc.
Goldman Sachs Group, Inc. , is expected to make a profit of $16.12 earnings per share for the twelve months of its current fiscal year. Full sales for the year are forecast to come in at $35.05B
In the last full fiscal year Goldman Sachs Group, Inc. made 16.99 earnings per share. Sales came in at $34.55B.
Of the 27 analysts covering the firm for Wall Street, 6 analysts said that clients should Buy shares in the firm, 5 analysts rated the shares at Overweight, while 14 analysts said that holding the shares was the best option going forward.
2 analysts said that clients should keep the shares Underweight in their portfolios, while none said that their best idea was to Sell the shares ahead of the release of this earnings report.