Morgan Stanley’s Prospects: Will Increased Earnings Estimates Drive Growth?

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Morgan Stanley (MS) is experiencing a positive shift in its earnings outlook, with analysts raising earnings estimates significantly. For the current quarter, the company is expected to earn $2.27 per share, reflecting a 2.3% increase year-over-year. Additionally, the full-year earnings estimate stands at $9.42 per share, up 18.5% from the previous year.

Over the past 30 days, four earnings estimates for the current quarter have increased, contributing to an 8.54% rise in the Zacks Consensus Estimate. For the current year, five estimates have also moved higher, resulting in a 6.29% increase in the consensus estimate. Presently, Morgan Stanley holds a Zacks Rank #1 (Strong Buy), indicating strong investment potential.

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