2024-07-08 14:31:08 ET
Summary
- We take a look at the themes to watch for in the second-quarter earnings for Goldman Sachs.
- The bank is benefiting from a resilient economy and strong sentiment in capital markets.
- With the stock up more than 50% over the past year, a pricey valuation premium warrants some caution.
The Goldman Sachs Group, Inc. ( GS ) is set to report its second-quarter earnings on July 15, ahead of the market open. This will be an important update from the global investment banking giant to reaffirm its impressive financial momentum over the past year. The stock is up 22% in 2024, outperforming sector benchmarks and even the S&P 500 Index ( SPX )....
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Goldman Sachs Q2 Earnings Preview: Can The Rally Keep Going?