It has been about a month since the last earnings report for Goldman Sachs (GS). Shares have added about 18.9% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Goldman due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
The consensus estimate has shifted -9.35% due to these changes.
VGM Scores
At this time, Goldman has a poor Growth Score of F, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Goldman has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Goldman is part of the Zacks Financial - Investment Bank industry. Over the past month, Wells Fargo (WFC), a stock from the same industry, has gained 17.7%. The company reported its results for the quarter ended March 2025 more than a month ago.
Wells Fargo reported revenues of $20.15 billion in the last reported quarter, representing a year-over-year change of -3.4%. EPS of $1.27 for the same period compares with $1.26 a year ago.
For the current quarter, Wells Fargo is expected to post earnings of $1.42 per share, indicating a change of +6.8% from the year-ago quarter. The Zacks Consensus Estimate has changed -2% over the last 30 days.
Wells Fargo has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of F.
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The Goldman Sachs Group, Inc. (GS): Free Stock Analysis Report Wells Fargo & Company (WFC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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