Investors and market participants can look forward to the unveiling of Morgan Stanley (NYSE: MS) third quarter financial results on Wednesday 16th October 2024. This important update will be made available before market open.
It is anticipated by financial experts on Wall Street that the company is set to announce an estimated $1.58 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $14.41 billion for this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $58.82 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $6.95 during the fiscal year.
In the same three months of the year before, the company made income of $1.38 per share, as shown in their financial report. This number came from the total revenue of $13.27 billion that the company earned in that particular quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.82 | +46.8% | 15.02 B | +11.6% |
| Q1 2024 | $2.02 | +18.8% | 15.14 B | +4.3% |
| Q4 2023 | $1.13 | -13.7% | 12.90 B | +1.2% |
| Q3 2023 | $1.38 | -9.8% | 13.27 B | +2.2% |
| Q2 2023 | $1.24 | -13.9% | 13.46 B | +2.5% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 16th October 2024 at 08:30 AM eastern time, in a conference call with public.
Morgan Stanley (MS) closed Monday's regular trading session at $112.28, marking a 1.65 percent advance. The stock fluctuated between $110.55 and $112.44 during the day, with a volume of 7.18 million shares.
