On Wednesday, July 18, Morgan Stanley MS will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Analysts predict Morgan Stanley will report earnings of $1.11 per share on revenue of $10.1 billion.
In the same quarter last year, Morgan Stanley reported earnings per share of 87 cents on revenue of $9.5 billion. If the company were to match the consensus estimate, earnings would be up 27.59 percent. Revenue would be have grown 6.28 percent from the same quarter last year. Morgan Stanley's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 1.24 | 0.8 | 0.82 | 0.76 |
| EPS Actual | 1.37 | 0.84 | 0.93 | 0.87 |
Stock Performance
Over the last 52-week period, shares are up 8.19 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Morgan Stanley stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Morgan Stanley's Q2 conference call is scheduled to begin at 8:30 a.m. ET.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
