{"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. is a leading global investment banking and brokerage firm that provides a wide range of financial services to corporations, governments, and institutions. With a market cap of $306 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, which investors closely monitor.","consensus":"$13.75"},{"name":"Revenue","why":"Revenue figures provide insight into the company's overall performance and growth, reflecting its ability to generate income.","consensus":"$15.8B"}],"lastQuarterRecap":{"summary":"In Q1-2026, Goldman Sachs reported an EPS of $17.55, exceeding expectations by 7.39%. However, the stock fell by 1.87% the following day, indicating mixed investor sentiment despite the earnings beat.","promises":[]},"wallStreetExpectations":{"summary":"Analysts expect Goldman Sachs to deliver solid earnings in Q2-2026, with a consensus EPS of $13.75. The market is keenly watching for any signs of continued strength in investment banking and trading revenues.","bullCase":"If Goldman Sachs beats EPS estimates and shows strong revenue growth, it could signal robust demand for its services and lead to a positive stock reaction.","bearCase":"Conversely, if the company misses earnings expectations or provides weak guidance, it may raise concerns about the sustainability of its recent performance, leading to a negative market reaction."},"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 achieve an EPS of $13.75 or higher?","whyItMatters":"This number is critical as it sets the tone for investor confidence and reflects the company's profitability."},{"question":"What guidance will management provide regarding future revenue growth?","whyItMatters":"Future revenue expectations will help investors gauge the company's growth trajectory and market conditions."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $14.00 or higher would confirm strong performance and investor confidence.","bearTrigger":"An EPS below $13.00 would raise concerns about profitability and market demand.","context":"The market is debating whether Goldman Sachs can maintain its strong earnings performance amid changing market conditions."},"scenarioPlaybook":{"beatAndRaise":"If Goldman Sachs beats expectations, history suggests a positive stock reaction of around +1.12%, confirming strong demand for its services.","inLineCautious":"If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.","miss":"If the company misses earnings expectations, history suggests a potential downside move of around -2.04%, indicating investor disappointment."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating Goldman Sachs' ability to capitalize on recent market volatility, which could lead to higher trading revenues than expected.","supportingPoints":["Goldman has consistently beaten EPS estimates in recent quarters, suggesting strong operational performance.","The options market indicates a higher expected move, reflecting increased investor interest and potential for upside.","Insider selling may not reflect lack of confidence but rather strategic portfolio adjustments."],"riskToConsensus":"If trading revenue exceeds $5 billion, it could challenge the current consensus and lead to upward revisions."},"whatToListenFor":["Any updates on trading revenue performance in light of recent market volatility.","Management's commentary on investment banking activity and deal flow.","Insights into cost management and efficiency initiatives.","Guidance on expected market conditions for the remainder of the year.","Any strategic shifts in response to competitive pressures."],"metaDescription":"Goldman Sachs (GS) reports Q2 2026 earnings July 14. Analysts expect $13.75 EPS on $15.8B revenue. Here's what to watch."}}