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Here comes Goldman Sachs...

Portia CroweApr 19, 2016, 15:14 IST

REUTERS/Jonathan Ernst

Goldman Sachs is expected to report first-quarter earnings at 7:30 a.m. Tuesday.

Analysts are expecting adjusted earnings per share of $2.49 on revenue of $7.11 billion, according to Bloomberg.

In the same period last year, Goldman Sachs had a massive quarter, reporting adjusted earnings per share of $6 (versus $4.26 expected) on revenue $10.62 billion ($9.31 billion expected).

Last quarter, Goldman earned an adjusted $4.68 per share on revenue of $7.27. Unadjusted earnings per share were $1.27, due mainly to a $5 billion mortgage-backed securities-related settlement the firm paid.

"Looking ahead, we believe our strong global client franchise leaves us well positioned to generate superior returns over the long term," CEO Lloyd Blankfein said in a statement at the time.

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