Goldman Sachs Raises 2020 Earnings

Video Credit: Wochit News
Published on August 10, 2020 - Duration: 00:33s

Goldman Sachs Raises 2020 Earnings

On Friday, Goldman Sachs lifted its 2020 S&P 500 earnings-per-share estimate.

The move comes after better-than-expected second-quarter results.

Business Insider reports that Goldman expects 2020 S&P 500 EPS of $130, from $115.

That's about 21% lower than 2019.

Goldman also thinks S&P 500 earnings will surge 30%, to $170 per share in 2021.

The estimate is tied to Goldman's economic growth outlook.


You are here

Related videos from verified sources

Former New York Giants Champ Goes From Gridiron to Goldman Sachs 02:09
Video credit: Cheddar Inc. - Published on August 19, 2020 

Dow Movers: WMT, GS 01:02
Video credit: Market News Video - Published on August 19, 2020 

Goldman Sachs: S&P 500 Could Rise Another 7% 00:33
Video credit: Wochit - Published on August 14, 2020 

You might like