Morgan Stanley (MS) is expected to release its findings for the quarter that ended in September 2024. Due to higher revenues, earnings are anticipated to be higher than the previous year. Although this well-known consensus perspective well represents the company's revenue picture, comparing the actual results to these projections is a significant factor that could affect the stock price in the coming months.
MS Earnings Forecast
It's worthwhile to handicap the likelihood of an upbeat EPS surprise, even though the sustainability of the current price evolution and future revenue expectations will mainly rely on the management's discussion of company circumstances during the earnings call.
The holding bank anticipates reporting a quarterly profit of $1.57 per share in its next report, a +13.8% increase from the previous year.
It is anticipated that revenues will reach $14.28 billion, a 7.6% increase over the previous quarter. Over the past 30 days, the average EPS prediction for the quarter has been revised to 1.12% lower than its current level. This reflects the encompassing analysts' collective reevaluation of their initial projections during this time.
