Goldman Sachs Trading Volume Plummets 23.9% to $2.622 Billion Ranking 29th in Market Activity

On April 10, 2025, Goldman Sachs (GS) experienced a significant decline, with its trading volume dropping by 23.9% to $2.622 billion, placing it at the 29th position in the day's market activity. The stock price of Goldman Sachs decreased by 5.24%.

Goldman Sachs is currently trading at lower levels due to a slowdown in deal-making activities, which has been influenced by broader macroeconomic factors. This situation has led to a decrease in the company's stock price, as investors are cautious about the potential impact on its earnings.

Analysts anticipate that Goldman Sachs will report quarterly earnings of $12.72 per share in its upcoming earnings report, reflecting a year-over-year increase of 9.8%. This projection is based on the company's historical performance and current market conditions.

Goldman Sachs has been a subject of interest among investors, with its stock being one of the most searched on various platforms. The company's performance in the near term will be influenced by several factors, including revisions to earnings estimates and market sentiment.

Earnings estimates for Goldman Sachs have seen some adjustments in recent weeks. For the current quarter, the consensus estimate is $12.71 per share, indicating a 9.8% increase from the previous year. However, this estimate has decreased by 5.6% over the last 30 days. For the current fiscal year, the consensus earnings estimate is $44.97, reflecting a 10.9% increase from the prior year, but this estimate has also decreased by 4.6% over the last 30 days. For the next fiscal year, the consensus earnings estimate is $50.11, indicating an 11.4% increase from the previous year, but this estimate has decreased by 3.8% over the past month.

Goldman Sachs reported revenues of $13.87 billion in the last reported quarter, representing a year-over-year change of 22.5%. The company's earnings per share (EPS) for the same period was $11.95, compared to $5.48 a year ago. The reported revenues exceeded the consensus estimate by 13.11%, and the EPS surprise was 48.08%. The company has consistently beaten consensus EPS estimates in each of the trailing four quarters and has topped consensus revenue estimates each time over this period.

Goldman Sachs is expected to report its first-quarter 2025 earnings on April 14, 2025. Analysts project a profit of $12.32 per share, up from the initial projection of $11.99 per share. This earnings report will provide valuable insights into the company's financial health and its ability to navigate the current economic environment.