Earnings: Bank of America, Goldman Sachs And Morgan Stanley Report This Week - News Summed Up

Earnings: Bank of America, Goldman Sachs And Morgan Stanley Report This Week


Bank of America and Goldman Sachs report before open on Tuesday, and Morgan Stanley report before market open on Wednesday. Its fixed income trading revenue climbed 19% from the same quarter last year and equity trading revenue increased 10%. Following JPMorgan and Citigroup's positive Q1 results, some analysts think Goldman Sachs, Morgan Stanley and Bank of America's trading revenues could top expectations as well. With interest rates close to historic lows, there is an expectation interest rates will continue to rise in the future—by how much or when is the big unknown. Source: Federal Reserve Economic DataGoldman Sachs EarningsFollowing stronger-than-expected equity trading results from JPMorgan and FICC trading results from Citigroup, some analysts have been more optimistic about upcoming Goldman Sachs earnings.


Source: Forbes April 17, 2017 17:48 UTC



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