Goldman Sachs is reporting its earnings before the market opens on Tuesday. Analysts are expecting earnings of just $1.37 versus $1.85 last year. And in the first quarter, Goldman saw lower revenues at all four of its divisions over the year ago quarter.
However, if JPMorgan Chase's ability to blow past lowered estimates is any indication, Goldman may just be able to surprise. Senior banking analyst Anand Chokkavelu gives his thoughts in the following video.
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Anand Chokkavelu owns shares of Bank of America, Citigroup, Wells Fargo, afnd JPMorgan Chase. He also owns long-dated options on Bank of America and warrants on Citigroup, Wells Fargo, and JPMorgan Chase. The Motley Fool owns shares of JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup and has created a covered strangle position in Wells Fargo. Motley Fool newsletter services have recommended buying shares of Goldman Sachs. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.