Tuesday will witness some of the most awaited earnings announcements of the season.  Let’s take a look at what to expect from these earnings reports:

Earnings

The Coca-Cola Company (NYSE:KO) will come up with its first quarter earnings on Tuesday, April 16, 2013. Most of the analysts expect the company to post 45 cents per share, which is 2.3 percent more from a year ago of 44 cents per share.

The consensus estimate has come down from 47 cents over the past three months. For the full year, analysts expect earnings of $2.14 per share on revenues of $48.99 billion. Revenue for the soft-drink major is forecasted to come down by 0.8 percent year-over-year to $11.05 billion for the quarter compared to $11.14 billion a year ago. When compared to the competitors, on an average about 66.7 percent of the analysts rate The Coca-Cola Company (NYSE:KO) as a buy against 37.7 percent for rivals.

BlackRock, Inc. (NYSE:BLK) is expected to come up with a better earnings announcement on Tuesday, April 16, 2013. The consensus analyst forecasts of earnings have gone up from 3.48 per share to the current projection of $3.59 per share. The increased expectations are a 13.6 percent increase over the last year when the company reported earnings of $3.16 per share.

Over the past three months, the consensus estimates have gone up from $3.43. Revenue for the company is expected to go up by 5.1 percent to $2.43 billion for the quarter from the year-earlier total of $2.31 billion. For the full fiscal, analysts are expecting earnings of $15.79 per share on revenues of $10.33 billion.

Goldman Sachs Group, Inc.(NYSE:GS) has moved up on analyst expectations in the months leading to its first quarter earnings announcement on Tuesday. The consensus expectations for the company have improved from $3.58 a share to the current expectation of earnings of $3.75 a share.

Over the past three months, consensus estimates for the company has gone up from $3.44. Revenue for the quarter is expected to come down by 19 percent year-over-year to $9.56 billion from the $11.8 billion a year ago. For the full year, analysts are expecting earnings of $13.51 per share on revenues of $34 billion. Goldman has reported improved revenues for two consecutive quarters. For the last quarter, company posted revenue of $11.13 billion, which was 38.8 percent up year-over-year, and for the quarter before the revenue were up by 81.6 percent.

Johnson & Johnson (NYSE:JNJ), which also reports its first quarter earnings on Tuesday, is expected to post earnings of $1.41 per share up 2.9 percent from a year ago of $1.37 per share.

The consensus estimate over the past month, has gone down from $1.42 but is still above the three month consensus estimate of $1.40. Revenue for the quarter is expected to improve by 8.2 percent to $17.46 billion from the year-earlier total of $16.14 billion. For full fiscal, analysts are expecting earnings of $5.40 per share on revenues of $71.22 billion. In the fourth quarter of last fiscal year, the company reported an improvement in the net income ending a two-quarter streak of falling profit.