
Morgan Stanley (MS) Stock: Investment Giant Set for 10% Growth in Q1 Earnings Report
In a recent note to clients, analysts at Zacks have expressed concerns about Morgan Stanley’s (MS) stock performance due to the current market conditions. Despite these concerns, they expect a strong earnings report from the bank when it releases its Q1 results.
The analyst at Zacks is predicting a 9.9% EPS growth to $2.22 and a revenue increase of 9.4%. This prediction is based on several key metrics, including recent trends in its investment banking segment and loan loss provisions.
While some analysts are expressing caution due to concerns about the current economic environment, Morgan Stanley’s stock may be poised for an earnings beat according to Zacks’ model. The Earnings ESP (Expected Surprise Prediction) currently stands at +1.45%, suggesting a strong likelihood of exceeding consensus expectations.
Options traders, however, seem to expect a larger move in the wake of the report, anticipating approximately 9.4% movement either up or down. This volatility is likely due to the uncertainty surrounding the bank’s ability to navigate the current market challenges and maintain its growth trajectory.
In light of these predictions, investors are left wondering what to expect from Morgan Stanley’s earnings call this Friday. The company will be providing insights into its investment banking activity, wealth management performance, and potential credit risk concerns in a slowing economy.
As the bank continues to adapt to the changing market landscape, it is crucial for investors to closely monitor its progress and adjust their expectations accordingly. Despite some analysts expressing caution, Morgan Stanley’s ability to navigate these challenges will be critical in reversing its stock price decline.
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Source: https://coincentral.com/morgan-stanley-ms-stock-investment-giant-set-for-10-growth-in-q1-earnings-report/