Wall Street analysts forecast that Morgan Stanley (MS) will report quarterly earnings of $1.23 per share in its upcoming release, pointing to a year-over-year decline of 6.1%. It is anticipated that revenues will amount to $12.83 billion, exhibiting an increase of 0.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassesse ...

Core Viewpoint - Morgan Stanley has recently gained attention in the market, with its stock returning +10.1% over the past month, outperforming the S&P 500 composite's +3.4% and the Zacks Financial - Investment Bank industry's +7.6% [1] Earnings Estimate Revisions - The expected earnings for Morgan Stanley for the current quarter is $1.23 per share, reflecting a year-over-year decline of -6.1%, with a recent change of -1.1% in the Zacks Consensus Estimate [2] - The consensus earnings estimate for the current fiscal year is $5.57, indicating a year-over-year change of -12.4%, with a -1% change over the last 30 days [3] - For the next fiscal year, the consensus estimate is $6.54, showing a +17.4% increase from the previous year, with a slight change of -0.9% recently [3] - Morgan Stanley holds a Zacks Rank 3 (Hold), indicating a neutral outlook based on earnings estimate revisions [3] Projected Revenue Growth - The consensus sales estimate for the current quarter is $12.83 billion, representing a year-over-year increase of +0.7% [5] - The revenue estimates for the current and next fiscal years are $54 billion and $56.53 billion, indicating changes of +0.6% and +4.7%, respectively [5] Last Reported Results and Surprise History - In the last reported quarter, Morgan Stanley achieved revenues of $13.27 billion, a year-over-year increase of +2.2%, and EPS of $1.38, down from $1.53 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $13.08 billion by +1.48%, and the EPS surprise was +8.66% [6] - The company has consistently beaten consensus EPS and revenue estimates over the past four quarters [7] Valuation - Morgan Stanley's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing its stock price relative to its intrinsic value and growth prospects [8] - The Zacks Value Style Score for Morgan Stanley is graded D, indicating it is trading at a premium compared to its peers [9] Conclusion - The information presented suggests that while Morgan Stanley is currently trending in the market, its Zacks Rank 3 indicates it may perform in line with the broader market in the near term [10]

The market expects Morgan Stanley (MS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 16, 2024, might help the stock move higher if these key numbers ...

The performance of Morgan Stanley’s (MS) trading business (constituting a significant portion of its top line) is not expected to have been significantly impressive in the fourth quarter of 2023 due to subdued market volatility. Thus, the company’s trading numbers are expected to have provided little support to its quarterly results, slated to be announced before the opening bell on Jan 16.While the risks of a near-term recession faded in the fourth quarter, ambiguity among investors remained on lingering c ...

The most recent trading session ended with Morgan Stanley (MS) standing at $93.51, reflecting a +0.29% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 1.41%. Meanwhile, the Dow gained 0.58%, and the Nasdaq, a tech-heavy index, added 2.2%.Coming into today, shares of the investment bank had gained 13.32% in the past month. In that same time, the Finance sector gained 5.34%, while the S&P 500 gained 2.9%.The upcoming earnings release of Morgan Stanley will be of gr ...

Morgan Stanley MS, -1.83% Chairman James Gorman said Wednesday a proposed set of bank capital requirements by federal regulators may be scaled back by the time they go into effect, according to a transcript of his interview with Bloomberg TV. “It will not go through in that form,” Gorman said. “If it did, I think it would have very, very negative consequences for corporate lending across this country, which is not what you want. It’s not going to help the economy grow.” Gorman’s comments came after regulat ...

About this content About Jessica Davies Jessica has spent 15 years covering private and public markets, business, law and investment in the transition to cleaner energy. She spent several years as an editor at Dow Jones, covering private equity and private markets, where she led the team that broke the news of alleged misuse of funds at Abraaj Group. During her time at the company, she sat on the Women @ Dow Jones committee. She also spent four years as an editor and journalist at Centaur Media PLC cove ...

智通财经APP获悉，自2024年1月1日起，已经在银行业工作了30年的Ted Pick将上任摩根士丹利(MS.US)的首席执行官，接替在这家华尔街大行执掌14年的James Gorman。 据了解，Pick曾因将摩根士丹利的股票业务打造成全球领军品牌而声名鹊起。此外，这位高管还曾扭转了固定收益部门的颓势，裁减了25%的员工，并在2008年该行濒临倒闭时帮助筹得了资金。 虽然，在Gorman的领导下，来自财富部门的稳定收入推动摩根士丹利的股价上涨了214%，相比之下，竞争对手高盛(GS.US)和摩根大通(JPM.US)同期涨幅分别为126%和304%。目前摩根士丹利的市值达到1520亿美元，比高盛高出280亿美元。 但是，这位新任首席执行官上任前，摩根士丹利第三季度投行业务营收大幅下降了27%。该银行将在明年1月中旬公布Pick上任后的首份季度财报，并给出一份将受到投资者密切关注的最新战略报告。 在全球经济存在巨大不确定性，同时地缘政治紧张局势不断加剧的背景下，市场非常关注这位拥有坦率的态度和稳健的作风将如何帮助这家银行业巨头度过并购交易的低迷期。 获同行高度评价 对于Pick的上任，华尔街资深人士纷纷给予高度 ...

Outgoing Morgan Stanley boss James Gorman gave himself an A- grade as CEO of the investment bank.Gorman became Morgan Stanley's CEO in 2010 and grew the company.He said he's done being CEO after 14 years in the job and looks forward to more teaching. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...

Outgoing Morgan Stanley CEO James Gorman ripped banks’ “stupidity of their own management” as one of the top threats facing Wall Street — right alongside artificial intelligence.When reflecting on his nearly 14-year tenure at Morgan Stanley to the Financial Times, Gorman — who has less than two weeks left at the firm — said that the banking system has become much safer, though the industry is still facing operational risks including its own top staffers.This year, there were three high-profile bank collaps ...