Goldman Sachs' Strong Q2 Performance Boosts Confidence in Future Returns, Says JP Morgan Analyst
Goldman Sachs' Strong Q2 Performance Boosts Confidence in Future Returns, Says JP Morgan Analyst
Abouhossein added that despite the buyback occurring before the Fed Stress Test results, which raised the SCB by 90bps to 6.4% and set a 13.9% Standardized CET1 ratio requirement from October 2024, strong earnings generation offers confidence in future capital returns.JP Morgan analyst Kian Abouhossein presented their take on The Goldman Sachs Group, Inc. (NYSE:GS) second-quarter FY24 earnings results reported today.
JP Morgan的分析師Kian Abouhossein在今天發佈的高盛第二財季FY24業績報告中提出了他們的看法(NYSE:GS)。
The bank reported revenue of $12.730 billion, beating the consensus of $12.456 billion, and GAAP EPS of $8.62, beating the consensus of $8.35.
該銀行報告的營業收入爲$12.73億，超出了$12.456億的共識，GAAP每股收益爲$8.62，超出了$8.35的共識。
The analyst stated that Goldman Sachs' reported EPS of $8.62 is 5% above their estimate of $8.24. The bank's $3.5 billion share buyback during the quarter significantly exceeded JPMorgan's $1 billion, the analyst noted.
該分析師指出，高盛報告的每股收益爲8.62美元，比他們的估計8.24美元高5%。該銀行本季度的35億美元的股票回購顯著超過了摩根大通的10億美元，該分析師指出。
Abouhossein added that despite the buyback occurring before the Fed Stress Test results, which raised the SCB by 90bps to 6.4% and set a 13.9% Standardized CET1 ratio requirement from October 2024, strong earnings generation offers confidence in future capital returns.
Abouhossein補充說，儘管回購發生在聯儲壓力測試結果出來之前，使SCb（支柱二）上漲了90個點子至6.4%，並從2024年10月起設置了13.9%的標準化CET1比率要求，但強勁的收益表現給未來資本回報帶來了信懇智能。
However, uncertainty remains regarding the finalization of Basel 3 regulations, noted the analyst.
然而，該分析師指出，巴塞爾3條例的最終確定仍存在不確定性。
Abouhossein anticipates low-single-digit EPS upgrades to consensus for 2024. The analyst has rated the stock Overweight.
Abouhossein預計2024年對共識的每股收益進行低個位數的升級。該分析師對該股票給予超配評級。
Investors can gain exposure to the stock via IShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSE:IAI) and Invesco KBW Bank ETF (NASDAQ:KBWB).
投資者可以通過iShares美國券商和證券交易所ETF(IAI)和景順KBW銀行ETF(KBWB)來獲得該股票的漲幅。
Also Read: Goldman Sachs Targets Asia's Fast-Growing Economies With New $2B Private Equity Fund: Report
此外閱讀：高盛瞄準亞洲快速增長經濟體，新成立20億美元的股權投資基金：報告
Price Action: GS shares are up 1.22% at $485.73 at the last check Monday.
截至上週一最後一次檢查，GS股票上漲1.22%，報485.73美元。
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