David Solomon, CEO of Goldman Sachs, testifies during an audience of the Senate banking committee at the Hart Senate office building in Washington, DC, on December 6, 2023.
Win McNamee | Getty images
Goldman Sachs should publish results of the first quarter before the opening bell on Monday.
Here is what Wall Street is waiting for:
- Generated: $ 12.35 per share, according to LSEG
- Income: 14.81 billion dollars, according to LSEG
- Negotiation income: fixed income of $ 4.56 billion and shares of $ 3.65 billion, by StreetacCount
- Investing bank income: $ 1.94 billion, by Streetaccount
Goldman Sachs may prove to be a beneficiary of the recent market environment.
Friday, rivals JPMorgan Chase And Morgan Stanley Everyone exceeded expectations for the results of the first trimester on booming trading.
Stage negotiation revenues jumped 48% and 45% to banks, respectively, thanks to volatility during the first months of President Donald Trump’s mandate in the midst of his efforts to reshape the global trade agreements.
Floating markets during most of the quarter, which ended on March 31, should also support the division of the riches and assets of the bank, that CEO David Solomon called the bank’s growth engine.
But the markets took place since Trump increased trade tensions last week, feeling uncertainty in the greatest economy in the world. Goldman’s actions fell 14% this year to Friday.
Analysts will want to hear what Solomon has to say about his conversations with business customers and institutional investors during the tumult.
This story is developing. Please check the updates.