Morgan Stanley beats earnings estimates and shows potential for further growth

From Nasdaq: 2025-01-01 12:10:15

Morgan Stanley (MS) is a stock to watch for its strong history of beating earnings estimates, with an average surprise of 15.02% in the past two quarters. Recent reports show earnings surpassing expectations by 19.75% and 10.30%, leading to positive changes in earnings estimates and a favorable Earnings ESP.

The company’s Earnings ESP currently stands at +0.62%, indicating analysts’ bullish outlook on its earnings potential. Combined with a Zacks Rank #3 (Hold), this suggests another earnings beat could be on the horizon. Investors should pay attention to the upcoming earnings report on January 16, 2025, for potential opportunities.

Research Chief Sheraz Mian has identified a top stock pick with the potential to double in value, targeting millennial and Gen Z audiences and generating nearly $1 billion in revenue last quarter. Despite potential risks, this pick shows promise for significant growth, outperforming other stocks set to double in the past.

For more insights and recommendations from Zacks Investment Research, including the latest stocks set to double, investors can access the free report and stock analysis for Morgan Stanley (MS) on Zacks.com. Make informed decisions and stay updated on market trends with expert analysis and research tools.



Read more at Nasdaq: Can Morgan Stanley (MS) Keep the Earnings Surprise Streak Alive?