Earnings Preview - GS, JEF, BK, USB

Online, April 19, 2010 (Newswire.com) - Wall Street has high hopes for Goldman Sachs (NYSE: GS) and predicts that the company will report earnings per share of $4.06 on revenues of $11.1 billion. Goldman Sachs, one of the few banks to emerge from the financial crisis with minimal damage, is expected to build on its past success with another solid quarter. Sales & Trading continues to contribute to a large portion of Goldman's revenues. Its Asset Management division is expected to show increased revenues over last quarter as well. GS closed at $184.27 Thursday. For additional information on about the risks and upsides to investing in GS, download our free GS trading report.

Shifting our attention to the middle market, Jefferies Group (NYSE: JEF) is expected to report first quarter earnings of $0.34 per share on revenues of $587 million. Deal volumes for M&A and underwriting activities have been down since last quarter, which should negatively impact earnings. However, strong revenues from its fixed income division still lead to a positive earnings prediction. JEF closed at $27.98 Thursday. How should an investor interpret these mixed results? Download our free JEF trading report to find out.

Like Jefferies, Bank of New York Mellon (NYSE: BK) is also expecting strong results from its fixed income division. In addition, income from asset management and servicing fees should boost the bank's bottom line. Wall Street analysts predict that the bank will report earnings of share of $0.53 on revenues of $3.3 billion. BK closed at $32.02 Thursday. Its 52-week range sits at $23.75 to $33.62. Is the stock topping out or getting ready to reach new heights? Download our free BK trading report to learn more.

Also reporting Tuesday is US Bancorp (NYSE: USB), who is expected to report earnings per share of $0.33 on revenues of 4.4 billion. Increases in credit costs and decreases in fee income are preventing the bank from reaching higher profits. However, an overall improved market is driving strong results in the company's investment management and treasury management sectors. USB closed at $28.26 Thursday. Like BK, it is trading close to its 52-week high of $28.43. To learn about the risk and reward of investing at this point, take a look at our free USB trading report.