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What Analyst Projections for Key Metrics Reveal About Morgan Stanley (MS) Q3 Earnings
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In its upcoming report, Morgan Stanley (MS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.83 per share, reflecting an increase of 1.1% compared to the same period last year. Revenues are forecasted to be $19.63 billion, representing a year-over-year increase of 7.7%.
The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain Morgan Stanley metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net revenues- Institutional Securities' should arrive at $9.21 billion. The estimate suggests a change of +8.1% year over year.
Analysts expect 'Revenues- Wealth Management- Net interest income' to come in at $2.30 billion. The estimate suggests a change of +15.4% year over year.
Analysts forecast 'Revenues- Institutional securities- Investment banking' to reach $2.16 billion. The estimate points to a change of +2.6% from the year-ago quarter.
Analysts' assessment points toward 'Net revenues- Investment Management' reaching $1.47 billion. The estimate points to a change of -11.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Net revenues- Wealth Management' of $9.01 billion. The estimate indicates a change of +9.4% from the prior-year quarter.
The consensus among analysts is that 'Revenues- Wealth Management- Asset management' will reach $5.40 billion. The estimate indicates a year-over-year change of +12.7%.
According to the collective judgment of analysts, 'Net interest Revenue' should come in at $2.63 billion. The estimate points to a change of +5.4% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenues- Institutional securities- Other' will likely reach $82.50 million. The estimate indicates a change of -36.5% from the prior-year quarter.
Analysts predict that the 'Revenues- Institutional securities- Sales and trading- Equity' will reach $4.51 billion. The estimate suggests a change of +9.6% year over year.
The consensus estimate for 'Revenues- Investment Management- Performance-based income and other' stands at $62.50 million. The estimate indicates a year-over-year change of -46.6%.
The average prediction of analysts places 'Book value per common share' at $68.61 . Compared to the present estimate, the company reported $62.98 in the same quarter last year.
It is projected by analysts that the 'Return on average common equity' will reach 16.8%. The estimate is in contrast to the year-ago figure of 18.0%.
Shares of Morgan Stanley have demonstrated returns of -11.9% over the past month compared to the Zacks S&P 500 composite's +1.3% change. With a Zacks Rank #3 (Hold), MS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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What Analyst Projections for Key Metrics Reveal About Morgan Stanley (MS) Q3 Earnings
In its upcoming report, Morgan Stanley (MS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.83 per share, reflecting an increase of 1.1% compared to the same period last year. Revenues are forecasted to be $19.63 billion, representing a year-over-year increase of 7.7%.
The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain Morgan Stanley metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net revenues- Institutional Securities' should arrive at $9.21 billion. The estimate suggests a change of +8.1% year over year.
Analysts expect 'Revenues- Wealth Management- Net interest income' to come in at $2.30 billion. The estimate suggests a change of +15.4% year over year.
Analysts forecast 'Revenues- Institutional securities- Investment banking' to reach $2.16 billion. The estimate points to a change of +2.6% from the year-ago quarter.
Analysts' assessment points toward 'Net revenues- Investment Management' reaching $1.47 billion. The estimate points to a change of -11.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Net revenues- Wealth Management' of $9.01 billion. The estimate indicates a change of +9.4% from the prior-year quarter.
The consensus among analysts is that 'Revenues- Wealth Management- Asset management' will reach $5.40 billion. The estimate indicates a year-over-year change of +12.7%.
According to the collective judgment of analysts, 'Net interest Revenue' should come in at $2.63 billion. The estimate points to a change of +5.4% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenues- Institutional securities- Other' will likely reach $82.50 million. The estimate indicates a change of -36.5% from the prior-year quarter.
Analysts predict that the 'Revenues- Institutional securities- Sales and trading- Equity' will reach $4.51 billion. The estimate suggests a change of +9.6% year over year.
The consensus estimate for 'Revenues- Investment Management- Performance-based income and other' stands at $62.50 million. The estimate indicates a year-over-year change of -46.6%.
The average prediction of analysts places 'Book value per common share' at $68.61 . Compared to the present estimate, the company reported $62.98 in the same quarter last year.
It is projected by analysts that the 'Return on average common equity' will reach 16.8%. The estimate is in contrast to the year-ago figure of 18.0%.
View all Key Company Metrics for Morgan Stanley here>>>Shares of Morgan Stanley have demonstrated returns of -11.9% over the past month compared to the Zacks S&P 500 composite's +1.3% change. With a Zacks Rank #3 (Hold), MS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .