Morgan Stanley is about to report earnings — here's what to expect

Published On Oct 16, 2024, 7:00 AM

Morgan Stanley is set to report its Q3 2024 earnings, with analysts expecting earnings of $1.58 per share and revenues of $14.41 billion. The bank's wealth management segment is anticipated to perform well due to high stock market values, which will inflate management fees. Additionally, the investment banking sector has rebounded and is likely to see more activity due to easing interest rates. Other competitors in the sector have reported better-than-expected trading results, which should bode well for Morgan Stanley's performance.

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Stock Forecasts

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Positive

Given the expected positive factors, including strong wealth management revenues and a rebound in investment banking, Morgan Stanley's earnings could exceed expectations, leading to potential stock price appreciation.

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