RPT-BUZZ-PREVIEW: Goldman Sachs shares climb ahead of earnings

Repeats from Tuesday with no changes to text

** Goldman Sachs GS.N shares up 1% at $568.79 ahead of Q4 earnings due before the opening bell on Wednesday

** The bank is expected to post EPS of $8.22 on rev of $12.39 bln, per LSEG estimates, vs yr-ago results $5.48/shr in earnings and $11.32 bln in rev

** Goldman has topped EPS estimates in six of the past eight qtrs, with most recent miss in Q2 2023; on rev side GS has also topped in six of the past eight qtrs, but with most recent miss in Q1 2023

** Of the 24 analysts that cover GS, 15 rate it a "strong buy" or "buy," nine rate it a "hold" and none rate it a "sell" or "strong sell"

** Median analyst price target of $624 is up from $588 a month ago

** Banks have rallied since the U.S. election on Nov. 5 on expected deregulation from the incoming Trump administration, with GS is up more than 8% since Election Day. However, gains have stalled recently and the stock is down 0.4% YTD

** The Dow Jones Industrial Average .DJI is up 0.5% since the election and down 0.2% YTD, while the S&P 500 bank index .SPXBK has jumped 9% since Nov. 5 but is up 2.4% YTD

** GS options imply a 4.2% swing for the shares, in either direction, on Wednesday, according to options analytics service ORATS; on average, the stock has moved 2.4% on the day of results over the last 12 qtrs

(Reporting by Chuck Mikolajczak, additional reporting by Saqib Ahmed)

((charles.mikolajczak@tr.com; @ChuckMik;))