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Ahead of Morgan Stanley (MS) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Morgan StanleyMorgan Stanley(US:MS) Zacks Investment Researchยท2024-04-11 14:20

Core Insights - Wall Street analysts expect Morgan Stanley to report quarterly earnings of $1.69 per share, reflecting a year-over-year decline of 0.6% [1] - Revenues are anticipated to be $14.47 billion, down 0.3% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Estimates - 'Net revenues- Investment Management' are projected to be $1.41 billion, indicating a year-over-year increase of 9.1% [2] - 'Net revenues- Institutional Securities' are expected to reach $6.38 billion, reflecting a year-over-year decline of 6.1% [2] - 'Revenues- Wealth Management- Net interest income' is estimated at $1.84 billion, down 15% from the prior-year quarter [2] Key Metrics - 'Revenues- Institutional securities- Investment banking- Underwriting' is forecasted at $741.89 million, showing a year-over-year increase of 21.8% [3] - 'Book value per common share' is expected to be $53.22, down from $55.13 in the same quarter last year [3] - 'Return on average common equity' is projected to be 12.0%, compared to 12.4% a year ago [3] Assets and Ratios - 'Wealth Management - Total client assets' is likely to reach $5,104.90 billion, up from $4,558 billion in the same quarter last year [3] - 'Total assets under management' is estimated at $1,459.92 billion, compared to $1,362 billion a year ago [3] - 'Assets under management - Fixed income' is expected to be $173.15 billion, slightly down from $175 billion last year [4] - 'Assets under management - Equity' is projected at $294.72 billion, up from $277 billion in the same quarter last year [4] - The consensus estimate for 'Tier 1 Leverage Ratio' is 6.8%, compared to 6.7% last year [4] - 'Tier 1 Capital Ratio' is expected to be 17.2%, slightly up from 17% a year ago [4] Stock Performance - Shares of Morgan Stanley have increased by 2.6% in the past month, outperforming the Zacks S&P 500 composite, which moved up by 0.8% [4]