Open CFD account Free Demo
Call: +248 4 671 903 Mail: [email protected]
Log In Open Account
Log In Open Account
Log In Open Account
News & Analysis
Open Account
News & Analysis
Open Account

Goldman Sachs Q4 results announced

20 January 2022 By Klavs Valters

Share

Goldman Sachs reported its latest financial results for the previous quarter before the US market open on Tuesday. Let’s take a closer look at the key numbers.

The company reported higher than expected revenue for Q4 2021 of $12.639 billion vs. $12.044 billion estimate.

Earnings per share (EPS) at $10.81 per share in Q4 2021, below Wall Street analyst expectations of $11.77 per share.

In 2021, Goldman Sachs generated record net revenues of $59.34 billion, record net earnings of $21.64 billion and record diluted EPS of $59.45 – all significantly surpassing previous records.

David Solomon, Chairman and CEO commented on last year’s performance: ”2021 was a record year for Goldman Sachs. The firm’s extraordinary performance is a testament to the strength of our client franchise and people. Moving forward, our leadership team remains committed to growing Goldman Sachs, diversifying our businesses and delivering strong returns for shareholders.”

Goldman Sachs chart (1Y)

Shares of Goldman tumbled on Tuesday following the latest results, down by around 7%. The stock is up by 19% in the last year at $350.60 per share.

Goldman Sachs is the 117th largest company in the world and with a total market cap of $127.07 billion.

You can trade Goldman Sachs (GS) and many other stocks from the NYSE, NASDAQ and the ASX with GO Markets as a Share CFD.

Sources: Goldman Sachs, TradingView, CompaniesMarketCap

The information provided is of general nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information provided, you should consider whether the information is suitable for you and your personal circumstances and if necessary, seek appropriate professional advice. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Past performance is not an indication of future performance. Go Markets Pty Ltd, ABN 85 081 864 039, AFSL 254963 is a CFD issuer, and trading carries significant risks and is not suitable for everyone. You do not own or have any interest in the rights to the underlying assets. You should consider the appropriateness by reviewing our TMD, FSG, PDS and other CFD legal documents to ensure you understand the risks before you invest in CFDs. These documents are available here.

#Indice #Indices #IndicesTrading #IndexTrading #Shares #Stockmarket #Stocks