Tuesday, January 18, 2022 12:00:48 UTC

Goldman Sachs will report its quarterly profits today. As long as earnings forecasts are met, expect the price to rise to the $405 level.

23 analysts estimate earnings per share (EPS) of $11.77 for the current quarter, compared to $12.08 in the same period last year, a 2.58 percent growth.

Analysts also predict profits per share of $59.91 for the current fiscal year, up from $24.74 in the previous year. Compared to $ 44.56 billion in sales last year, economists predict revenues of $58.53 billion this year on average.

If it is unable to maintain its present level, it will likely to go below the $375 nearest support level.(More)

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