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Here comes Goldman Sachs...

Oct 18, 2016, 16:41 IST

Twitter/Goldman Sachs

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

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Analysts are expecting adjusted earnings per share of $3.88 on revenue of $7.41 billion, according to Bloomberg.

Total trading revenue is expected to be $3.39 billion, while investment banking revenue is expected to come in at $1.47 billion.

In the same quarter last year, Goldman missed expectations, citing "renewed concerns about global economic growth." It reported adjusted earnings per share of $2.64 ($3.00 expected) on revenue of $6.86 billion ($7.12 expected).

In the second quarter, the firm posted a big beat, reporting earnings per share of $3.72 ($3.08 expected) on revenue of $7.93 billion ($7.55 billion expected).

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"Despite the uncertainty created by Brexit, we achieved solid results by continuing to serve our clients across our diversified franchise and by managing our business efficiently," CEO Lloyd Blankfein said in a statement at the time.

JPMorgan, Citigroup, Wells Fargo, and Bank of America have already reported Q3 earnings. Morgan Stanley will report on Wednesday.

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