Earnings Preview: Analysts Expect Goldman Sachs Group Revenue, Earnings to Dip from Previous Quarter

Get ready for Goldman Sachs Group GS earnings! Don't be the last to know: The company announces its next round of earnings this Tuesday, July 19, 2011.

Want to get all the facts ahead of this Tuesday's announcement? We thought so. Here's an advanced look at Goldman Sachs Group's second quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of $2.42 per share and revenues of $8.14 billion. We'll know on Tuesday whether Goldman Sachs Group has managed the estimated 14% increase in EPS and 92% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.79	$3.78	$2.29	$2.10
EPS Actual	$1.56	$3.79	$2.98	$2.75

Stock Performance:

At last check, shares of Goldman Sachs Group were trading at $129.89. Shares are down 22.4% year to date. For a full 12 months, the return has declined by 15.7%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

• Long-term shareholders are already wary of 12-month losses prior to the announcement

Average Stock Rating:

The average rating by analysts for Goldman Sachs Group is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Want to check out the performance of Goldman Sachs Group closest competitors? Take a look at some of the company's peers in the financials sector.

• Bank of America BAC: Hold with a $0.17 recent quarter EPS
• Citigroup C: Moderate Buy with a $1.0 recent quarter EPS
• Deutsche Bank AG (USA DB: Moderate Sell

Finally, a description of the main business areas of the company, in case you need a little refresher: Goldman Sachs Group is a global investment banking and securities firm that specializes in investment banking, trading and principal investments, asset management and securities services.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Goldman Sachs Group earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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