Ted Pick, CEO of Morgan Stanley speaks connected CNBC's Squawk Box extracurricular the World Economic Forum successful Davos, Switzerland connected Jan. 23, 2025.
Gerry Miller | CNBC
Morgan Stanley is acceptable to study third-quarter net earlier the opening doorbell Wednesday.
Here's what Wall Street expects:
- Earnings per share: $2.10, according to LSEG
- Revenue: $16.7 billion, according to LSEG
- Investment Banking: $1.68 billion, according to StreetAccount
- Trading: Fixed Income of $2.09 billion, Equities of $3.4 billion, according to StreetAccount
If Morgan Stanley is similar its peers, it volition person benefited from 2 large tailwinds during the 3rd quarter.
Wall Street trading desks person seen booming enactment successful the quarter, portion concern banking continues to spot a resurgence successful enactment for mergers and IPOs.
Stocks astatine oregon adjacent grounds highs should bolster Morgan Stanley's elephantine wealthiness absorption division, arsenic well.
Put together, Wall Street-centric banks similar Morgan Stanley and adjacent Goldman Sachs are successful an perfect environment.
Shares of Morgan Stanley person climbed astir 24% this year.
On Tuesday, JPMorgan Chase, Goldman, Citigroup and Wells Fargo each posted net that topped analysts' expectations for net and revenue.
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