Goldman Sachs is scheduled to report first-quarter earnings before the open Tuesday.
- EPS of $5.31 a share expected by Thomson Reuters analysts’ consensus.
- Revenue of $8.446 billion expected by Thomson Reuters analysts’ consensus.
For the first quarter of 2016, the financial giant reported diluted earnings per share of $2.68 on revenue of $6.34 billion.
A jump in trading revenue has helped the major bank earnings in the last few quarters. The financial stocks have led the U.S. stock market rally since the presidential election, but have struggled this year with the sector closed Monday just about flat year-to-date.
Goldman shares are up more than 30 percent since the election but are lower by a little more than 5 percent for the year so far, as of Monday’s close.
Bank of America also reported earnings Tuesday, beating or meeting Wall Street expectations on almost every single metric.