Earnings season is ramping up, and Wednesday will feature two of the most recognizable brand names in the public markets.
Before the market open, Goldman Sachs (GS) will report earnings. Goldman, which has the largest weight in the Dow Jones Industrial Average, is expected to report adjusted earnings per share of $4.80 on revenue of $7.76 billion, according to estimates from Bloomberg.
Bloomberg notes that Goldman has beat earnings expected in 11 of the past 12 quarters, but shares fell following 7 of its last 12 announcements.
Over the last year, shares of the bank are up a bit over 50%.
By Myles Udland.
Full story at Yahoo News.
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