Stock Pulse
Goldman Sachs (GS) is preparing to announce Q1 earnings on April 14th, with analyst estimates projecting lower earnings due to market volatility and tariff uncertainty impacting investment banking activity [3], [10]. Despite this, revenue is projected to grow year-over-year in Q1 and for the next two fiscal years [3], [6]. While the company's valuation is considered high compared to its peers, its dividend yield remains attractive [3], [6]. GSAM is expanding its reach through a partnership with Mashreq in the UAE, aiming to increase assets under management and strengthen its wealth management business [5]. However, the firm lowered its US auto sales forecast due to anticipated tariff impacts, negatively impacting related business lines [8]. Despite previously withdrawing a recession prediction after the tariff pause and seeing high trading volumes [7], ongoing tariff uncertainty continues to weigh on the outlook [2].