Goldman Sachs Group Inc. (GS)

$ 450.18
   
  • Change Today:
    $3.72
  • 52 Week High: $470.41
  • 52 Week Low: $289.91
  • Currency: US Dollars
  • Shares Issued: 922.90m
  • Volume: 15
  • Market Cap: $415,469m
  • RiskGrade: 139

Goldman Sachs posts huge jump in Q1 profits

By Iain Gilbert

Date: Wednesday 14 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Investment bank Goldman Sachs posted a huge jump in first-quarter profits on Wednesday, with the group taking advantage of record levels of dealmaking activity throughout the period.
Goldman Sachs said net earnings skyrocketed to $6.84bn in the three months ended 31 March, a marked improvement when compared to the $1.12bn seen at the same time a year earlier.

Earnings per share rose to $18.60 from $3.11 in the first quarter of 2020, well ahead of analysts estimates for an EPS of $10.22.

Quarterly net revenues were $17.70bn, more than double the amount reported for the same period twelve months prior, as the bank's Global Markets unit generated quarterly net revenues of $7.58bn, 47% higher than the first quarter of 2020 and its highest quarterly net revenues since 2010.

Book value per common share also increased, up 6.2% during the quarter to $250.81.

As of 1240 BST, Goldman Sachs shares were up 1.78% in pre-market trading at $327.68 each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GS Market Data

Currency US Dollars
Share Price $ 450.18
Change Today $ 3.72
% Change 0.83 %
52 Week High $470.41
52 Week Low $289.91
Volume 15
Shares Issued 922.90m
Market Cap $415,469m
RiskGrade 139

What The Brokers Say

Strong Buy 5
Buy 11
Neutral 7
Sell 1
Strong Sell 0
Total 24
buy
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Trades for 17-Jun-2024

Time Volume / Share Price
15:59 100 @ $449.85
15:58 100 @ $449.83
15:58 100 @ $449.83
15:58 100 @ $449.83
15:58 457 @ $449.88

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