{"symbol":"GS","fiscalQuarter":"Q2-2026","reportDate":"2026-07-14","reportTime":"BMO","status":"upcoming","company":{"name":"The Goldman Sachs Group, Inc.","sector":"Financials","industry":"Investment Banking & Brokerage"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/GS/earnings/Q2-2026","estimates":{"consensusEps":13.7504,"consensusRevenue":15772.08,"epsLow":12.9961,"epsHigh":15.16,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"The Goldman Sachs Group, Inc. (GS) is a leading global investment banking and brokerage firm that provides a wide range of financial services to a diverse client base, including corporations, financial institutions, and governments. With a market cap of $304 billion, Goldman Sachs plays a crucial role in the financial sector, particularly in investment banking, asset management, and securities trading.","keyMetrics":[{"name":"Earnings Per Share (EPS)","why":"EPS is a key indicator of the company's profitability and financial health, and it will be closely watched this quarter.","consensus":"$13.75"},{"name":"Revenue","why":"Revenue reflects the company's ability to generate sales and is essential for assessing overall performance.","consensus":"$15.8B"}],"lastQuarterRecap":{"summary":"In Q1-2026, Goldman Sachs reported an EPS of $17.55, exceeding estimates by 7.39%. However, the stock price fell by 1.87% the following day, indicating mixed market reactions despite strong earnings.","promises":["Continued focus on expanding investment banking services.","Commitment to maintaining strong asset management performance.","Efforts to enhance trading capabilities in volatile markets."]},"wallStreetExpectations":{"summary":"Analysts are generally optimistic about Goldman Sachs' upcoming earnings, expecting strong EPS and revenue figures. However, there are concerns about market volatility and its impact on trading revenues.","bullCase":"If Goldman Sachs beats EPS estimates significantly, it could signal robust demand for its services and strengthen investor confidence.","bearCase":"A miss on earnings or revenue could raise concerns about the firm's ability to navigate a challenging market environment, leading to a negative reaction from investors."},"optionsSignal":{"impliedMove":"9.16%","context":"The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+7.39%","reaction":"-1.87%"},{"quarter":"Q4-2025","epsSurprise":"+19.07%","reaction":"+4.63%"},{"quarter":"Q3-2025","epsSurprise":"+10.25%","reaction":"-2.04%"},{"quarter":"Q2-2025","epsSurprise":"+11.09%","reaction":"+0.90%"},{"quarter":"Q1-2025","epsSurprise":"+11.12%","reaction":"+1.93%"}],"pivotalQuestions":[{"question":"Will Goldman Sachs' EPS exceed the consensus estimate of $13.75?","whyItMatters":"A significant beat could indicate strong operational performance and boost investor sentiment."},{"question":"How will revenue compare to the expected $15.8 billion?","whyItMatters":"Revenue performance is critical for assessing the firm's growth and ability to manage market challenges."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $14.00 or higher would confirm the bull case, indicating strong profitability.","bearTrigger":"An EPS below $13.00 would support the bear case, raising concerns about the company's performance.","context":"This quarter's performance will hinge on how well Goldman Sachs can navigate market volatility and maintain profitability."},"scenarioPlaybook":{"beatAndRaise":"If Goldman Sachs beats expectations, history suggests the stock could rise by about 1.12%, confirming strong demand for its services.","inLineCautious":"A cautious in-line report may lead to muted reactions, as investors weigh management commentary against market conditions.","miss":"If the company misses expectations, the stock could drop, reflecting historical patterns of negative reactions to earnings misses."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating the impact of recent market volatility on Goldman Sachs' trading revenues, which could lead to a larger-than-expected earnings miss.","supportingPoints":["Options pricing suggests a 9.16% move, indicating heightened uncertainty not reflected in consensus estimates.","Recent trading activity shows a significant put/call ratio, suggesting that some investors are hedging against potential downside."],"riskToConsensus":"If trading revenues come in significantly lower than expected, it could challenge the optimistic consensus on EPS."},"whatToListenFor":["Updates on trading revenue performance amid market volatility.","Any commentary on investment banking activity and deal flow.","Insights into asset management growth and client inflows.","Management's outlook on economic conditions and their impact on operations.","Details on cost management strategies in response to market challenges."],"metaDescription":"Goldman Sachs (GS) reports Q2 2026 earnings July 14. Analysts expect $13.75 EPS on $15.8B revenue. Here's what to watch."}}