Morgan Stanley Q4 EPS of $2.68 Beats Estimates, Revenue Up 10.4% to $17.89B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Beat: Morgan Stanley reported a Q4 GAAP EPS of $2.68, exceeding estimates by $0.23, reflecting the firm's robust profitability amidst economic fluctuations and boosting investor confidence.
- Significant Revenue Growth: The firm achieved Q4 revenue of $17.89 billion, a 10.4% year-over-year increase, surpassing expectations by $140 million, indicating resilience and growth potential in its business operations.
- Improved Expense Efficiency: The firm's expense efficiency ratio improved to 68% from 71% a year ago, demonstrating effective cost control while continuing to invest in business growth, enhancing future profitability prospects.
- Investor Confidence Boost: With assets continuing to flow in, Morgan Stanley is viewed as a dividend stock worth holding, reflecting market optimism regarding its future performance and solidifying its position in the financial services sector.
Analyst Views on MS
Wall Street analysts forecast MS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MS is 176.08 USD with a low forecast of 157.00 USD and a high forecast of 198.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 180.780
Low
157.00
Averages
176.08
High
198.00
Current: 180.780
Low
157.00
Averages
176.08
High
198.00
About MS
Morgan Stanley is a global financial services company. The Company is engaged in providing a range of investment banking, securities, wealth management and investment management services. Its segments include Institutional Securities, Wealth Management and Investment Management. Its Institutional Securities segment provides a variety of products and services to corporations, governments, financial institutions and ultra-high net worth clients. Its Wealth Management segment provides an array of financial services and solutions to individual investors and small to medium-sized businesses and institutions. Its Investment Management segment provides a range of investment strategies and products that span geographies, asset classes, and public and private markets to a diverse group of clients across institutional and intermediary channels. Its investment banking services consist of capital raising and financial advisory services, including the underwriting of debt and other products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
