Goldman Sachs (GS) Begins Climb to Earnings
Dec
31
Written by:
12/31/2009 12:36 PM
Goldman Sachs (GS) Begins Climb to Earnings
Even with the overall markets declining slightly in light trade on New Year’s Eve, Goldman Sachs continues to climb heading into their fourth quarter earnings in mid to late January. Up close to 2% on Thursday, Goldman began to move higher on Tuesday after three months of lackluster movement. A report from Bloomberg came out the same day detailing the leading role Goldman has over others in underwriting fees for Initial Public Offerings.
Earnings Estimates
The earnings estimates have not improved too much, despite the report, as the current quarter has a recent decrease in expectations from 5.56 a share to 5.47 a share. Next quarter is a little more promising with profit estimates improving from 4.38 a share to 4.46. Year end buying by portfolio managers is more than likely the reason for the uptick. But the company’s earnings announcement shortly after the beginning of earnings season, January 11th, should provide additional support in the coming weeks.
Options Volume
The Call Options for Goldman Sachs also saw some volume on Thursday as strike prices in January of 165, 170, and 175 were popular. Later months did not see an significant volume increases.
© 2009 FastSwings.com
© 2009 FastSwings.com
9 comment(s) so far...
Re: Goldman Sachs (GS) Begins Climb to Earnings
Goldman Sachs is a known firm for rendering great services ; therefore it secured its higher position and earned good business. If the value of services remain same it will not go to decrease in any perspective.
By London Accountants on
1/3/2010 11:30 AM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
Hey, it's a helpful information about the call options of the goldman Sachs...
By Forex on
1/6/2010 7:01 AM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
Excellent information on account of goldman sachs, Thanks
By backup software on
1/8/2010 12:50 PM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
GS secured its higher position and earned good business
By domestic heat pump on
9/8/2010 9:22 AM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
Good blog...it's a helpful information about the call options of the goldman Sachs...
By watch cell phone on
11/12/2010 11:39 PM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
GS secured its higher position and earned good business
By 怎么去除妊娠纹 on
3/8/2011 2:15 AM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
thank you for shariong!i learn a lot infromation from this article and open my eyes,thanks
By authenitc jerseys on
4/22/2011 1:10 AM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
It’s really great post. I would like to appreciate your work and would like to tell to my friends.--myefox
By android 2.2 on
4/24/2011 10:09 PM
|
Re: Goldman Sachs (GS) Begins Climb to Earnings
I hate spammers like above!
By Profitable forex trading system on
8/10/2011 3:32 AM
|