Yahoo Finance Morgan Stanley (MS) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts forecast that Morgan Stanley (MS) will report quarterly earnings of $1.23 per share in its upcoming release, pointing to a year-over-year decline of 6.1%. It is anticipated that revenues will amount to $12.83 billion, exhibiting an increase of 0.7% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Morgan Stanley metrics that are commonly monitored and projected by Wall Street analysts.
Analysts expect 'Revenues- Investment banking' to come in at $1.24 billion. The estimate indicates a change of -5.6% from the prior-year quarter.
The consensus estimate for 'Revenues- Commissions and fees' stands at $1.11 billion. The estimate indicates a change of -5.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues- Institutional securities- Sales and Trading- Fixed income' should come in at $1.45 billion. The estimate suggests a change of +2.3% year over year.
The consensus among analysts is that 'Revenues- Institutional securities- Sales and trading- Equity' will reach $2.21 billion. The estimate indicates a year-over-year change of +1.5%.
Based on the collective assessment of analysts, 'Book value per common share' should arrive at $47.79. Compared to the current estimate, the company reported $54.55 in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Return on average common equity' will likely reach 8.7%. The estimate is in contrast to the year-ago figure of 9.2%.
It is projected by analysts that the 'Wealth Management - Total client assets' will reach $4,855.41 billion. The estimate compares to the year-ago value of $4,187 billion.
Analysts forecast 'Total assets under management' to reach $1,468.02 billion. The estimate is in contrast to the year-ago figure of $1,305 billion.
The average prediction of analysts places 'Assets under management - Fixed income' at $177.34 billion. The estimate compares to the year-ago value of $173 billion.
The collective assessment of analysts points to an estimated 'Assets under management - Equity' of $291.27 billion. Compared to the current estimate, the company reported $259 billion in the same quarter of the previous year.
Analysts predict that the 'Tier 1 Leverage Ratio' will reach 6.8%. The estimate compares to the year-ago value of 6.7%.
Analysts' assessment points toward 'Tier 1 Capital Ratio' reaching 17.5%. The estimate compares to the year-ago value of 17.2%.
View all Key Company Metrics for Morgan Stanley here>>>
Morgan Stanley shares have witnessed a change of +10.1% in the past month, in contrast to the Zacks S&P 500 composite's +3.4% move. With a Zacks Rank #3 (Hold), MS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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