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Benzinga
127 days

Top Wall Street Forecasters Revamp Goldman Sachs Price Expectations Ahead Of Q1 Earnings

1. GS is set to release Q1 earnings on April 14. 2. Analysts predict earnings of $12.35 per share, up from $11.58. 3. Projected revenue is expected at $14.81 billion, versus $14.21 billion last year. 4. Recent analyst ratings show mixed sentiment; some price targets cut. 5. GS shares gained 1% to close at $494.44.

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FAQ

Why Bullish?

A better-than-expected earnings report can positively influence GS’s stock. Historically, earnings surprises lead to significant price movements.

How important is it?

Earnings reports are critical for stock valuation. Key metrics can influence investor confidence and stock performance.

Why Short Term?

Immediate effects can be seen post-earnings announcement, affecting trading sentiments quickly. Past earnings reports show quick price adjustments following announcements.

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