Earnings

Goldman Sachs (GS) earnings 2Q 2023

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CEO David Solomon, Goldman Sachs, during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022.

Michael Nagle | Bloomberg | Getty Images

Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday.

Here’s what Wall Street expects:

  • Earnings: $3.18 per share, according to Refinitiv
  • Revenue: $10.84 billion
  • Trading revenue: Fixed income $2.78 billion; equities $2.42 billion, per FactSet
  • Investing banking revenue: $1.49 billion

Expectations have been set low for Goldman this quarter.

The bank faces a tough environment for its most important businesses as a slump in investment banking and trading activity drags on. On top…



Source cnbc.com

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