Pre-Market Earnings Report for January 16, 2024 : MS, GS, PNC, FBK, APLD, MBWM, GNTY
From Nasdaq:
Several major financial institutions, including Morgan Stanley, Goldman Sachs, and PNC Financial Services Group, are expected to report earnings for the quarter ending December 31, 2023. Morgan Stanley’s consensus earnings per share forecast is $1.07, representing an 18.32% decrease compared to the same quarter last year. Goldman Sachs is expecting a 4.52% increase in earnings. PNC Financial Services Group is forecasted to report a 19.20% decrease in earnings per share. FB Financial Corporation is expecting a 15.29% decrease in earnings. Applied Digital Corporation is projected to have a 100.00% increase in earnings, and Mercantile Bank Corporation’s earnings per share forecast is $1.22, representing a 10.95% decrease compared to the same quarter last year. Guaranty Bancshares, Inc. is forecasting a 55.24% decrease in earnings. Zacks Investment Research has provided Price to Earnings ratios and industry ratios for each company.
Read more: Pre-Market Earnings Report for January 16, 2024 : MS, GS, PNC, FBK, APLD, MBWM, GNTY