Citigroup (C) earnings 3Q 2020

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Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020.

Adam Galica | CNBC

Citigroup is scheduled to report third-quarter earnings before the opening bell Tuesday.

Here’s what Wall Street expects:

Earnings:  93 cents a share, a 55% decline from a year earlier, according to Refinitiv.

Revenue: $17.2 billion, a 7.3% decline from a year earlier.

Trading Revenue: Fixed income $3.6 billion, Equities $851 million, according to FactSet. 

Citigroup, the third-biggest U.S. bank by assets, is in the midst of a major management change.

Last month, the bank announced that longtime CEO Michael Corbat

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JPMorgan Chase (JPM) earnings Q3 2020

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Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020.

Adam Galica | CNBC

JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Tuesday.

Here’s what Wall Street expects:

Earnings: $2.23 per share, a 17% decline from a year earlier, according to Refinitiv.

Revenue: $28.3 billion, a 5.9% decline from a year earlier.

Reserve build: $104 million, according to FactSet

Trading Revenue: Fixed income $4.53 billion, Equities $1.67 billion

JPMorgan, the biggest U.S. bank by assets, is also the first major lender

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Stock futures flat as investors await earnings season kickoff

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People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City.

Spencer Platt | Getty Images

U.S. stock futures were flat in overnight trading on Tuesday as investors awaited the first batch of corporate earnings and updates on a stimulus package.

Dow futures rose 10 points. S&P 500 futures and Nasdaq 100 futures gained 0.04% and 0.1%, respectively.

Futures got a lift as Disney rallied more than 5% in after hours trading after announcing a major company reorganization with streaming at the forefront of its business. Disney said it centralizing its

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Earnings season kicks off soon and results could be better than feared

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Earnings season kicks off in a couple weeks and here’s why it may be better than expected.

The S&P 500 is down 4% for the month, the first down month since March, but investors are expecting big things from corporate earnings reports, which begin Oct. 13 when JPMorgan releases results.

“September has been a rough month for global equities,” said Nick Raich from the Earnings Scout in a recent report to clients. “However, it has been a fantastic month for earnings.”

Why all the optimism? Raich believes that based on early results, there is a very high chance that companies

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