Here comes Goldman Sachs ...

Goldman Sachs will report third-quarter earnings results Tuesday at 7:30 a.m.

Wall Street analysts are expecting the investment bank to produce earnings of $4.19 per share, up from $3.95 in the second-quarter.

Here are the other figures Wall Street is expecting:

• Revenues: $7.5 billion, down from $7.9 billion in the second quarter.
• Net income: $1.7 billion, up from $1.63 billion in the second quarter.

Goldman Sachs is expecting a hit to its trading business. Credit Suisse analysts previously forecast a 23% decline in sales and trading revenues across FICC and equities at Goldman Sachs.

Fixed income, currencies, and commodities trading revenues have particularly suffered at the big banks, with Bank of America reporting a 22% drop, Citi reporting a 16% drop, and JPMorgan reporting a 27% drop.

Nonetheless, each of the three competing banks beat earnings estimates handily last week and produced otherwise positive results.

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