Goldman Sachs reports earnings before market open — here's what the Street expects
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Goldman Sachs is set to announce its first-quarter earnings before the market opens on Monday. Analysts predict earnings per share of $8.56 and revenue of $12.92 billion. The company’s executives will host a call with analysts at 9:30 a.m. ET. The expectations for Goldman Sachs are high following better-than-expected trading results and a rebound in investment banking fees for rivals JPMorgan Chase and Citigroup in the first quarter. Goldman Sachs, which relies heavily on Wall Street activities for revenue, may see growth in its asset and wealth management division. However, concerns over recent departures of senior managers may arise during the earnings call.