Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expects

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David Solomon, main enforcement serviceman of Goldman Sachs Group Inc., during a Bloomberg Television astatine the Goldman Sachs Financial Services Conference successful New York, US, connected Tuesday, Dec. 6, 2022. 

Michael Nagle | Bloomberg | Getty Images

Goldman Sachs is scheduled to study fourth-quarter net earlier the opening doorbell Tuesday.

Here's what Wall Street expects:

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  • Earnings: $5.48 per share, 49% little than a twelvemonth earlier, according to Refinitiv
  • Revenue: $10.83 billion, 14% little than a twelvemonth earlier.
  • Trading Revenue: Fixed Income $2.31 billion, Equities $2.14 billion
  • Investing Banking: $1.75 billion

How agelong volition the concern banking drought last?

That's 1 of the apical questions analysts volition person for Goldman CEO David Solomon.

While the 4th fourth was an disfigured 1 for bankers — Wall Street rivals JPMorgan Chase and Citigroup each posted declines successful concern banking gross of astir 60% past week — analysts question the likelihood of a rebound sometime aboriginal this year.

They'll besides privation to perceive Solomon's views connected headcount and expenses aft the slope laid disconnected up to 3,200 employees past week, arsenic good arsenic details astir Goldman's user operations arsenic it scales back ambitions there.

Goldman shares person climbed 8.9% this twelvemonth going into Tuesday's trading, compared with a 6.7% beforehand for the KBW Bank Index.

Last week, JPMorgan Chase and Bank of America topped nett expectations connected surging nett involvement income, portion Wells Fargo and Citigroup posted mixed results.  Morgan Stanley is besides scheduled to merchandise results Tuesday.

This communicative is developing. Please cheque backmost for updates.

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