27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Morgan Stanley (NYSE: MS) announces its next round of earnings this Thursday, October 15. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Morgan Stanley EPS is expected to be around $1.28, according to sell-side analysts. Sales will likely be near $10.64 billion. Morgan Stanley EPS in the same period a year ago totaled $1.21. Revenue was $10.03 billion. The analyst consensus estimate would represent a 5.79% increase in the company's earnings. Revenue would be have grown 6.06% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.12 | 1.14 | 1.03 | 1.11 |
| EPS Actual | 1.96 | 0.99 | 1.20 | 1.21 |
| Revenue Estimate | 10.31 B | 9.73 B | 9.78 B | 9.60 B |
| Revenue Actual | 13.41 B | 9.49 B | 10.86 B | 10.03 B |
Stock Performance
Over the last 52-week period, shares are up 17.05%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
The general EPS consensus estimate since that time has moved up 14.29% while revenue estimates have moved up 6.06%.
Do not be surprised to see the stock move on comments made during its conference call. Morgan Stanley is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://www.morganstanley.com/about-us-ir
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.