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Market Impact: 0.35

Goldman Sachs Q2 Net Profit Nearly Doubles; Boosts Dividend 11%

GS
Corporate EarningsCompany Fundamentals

Goldman Sachs (GS) reported Q2 net earnings applicable to common shareholders of $6.40B, nearly doubling from $3.47B a year earlier, equivalent to $20.98 per share vs. $10.91. The sharp year-over-year improvement signals a solid earnings print that could support the stock in the near term.

Analysis

Goldman Sachs (GS) reported Q2 net earnings applicable to common shareholders of $6.40B, nearly doubling from $3.47B a year earlier, equivalent to $20.98 per share vs. $10.91. The sharp year-over-year improvement signals a solid earnings print that could support the stock in the near term.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.45

Ticker Sentiment

GS0.60