Câștiguri MS (Morgan Stanley) în trimestrul 3 2022

CEO-ul Morgan Stanley, James Gorman, participă la un interviu în stil conversație cu Economic Club of Washington la Washington, 18 septembrie 2013.

Yuri Gripas | Reuters

Morgan Stanley is set to report third-quarter earnings before the opening bell on Friday.

Iată ce se așteaptă Wall Street:

  • Câștiguri: 1.49 USD pe acțiune, cu 25% mai puțin decât cu un an mai devreme, potrivit Refinitiv
  • Venituri: 13.3 miliarde de dolari, cu 10% mai mici decât cu un an mai devreme
  • Gestionarea averii: 6.17 miliarde de dolari, potrivit StreetAccount
  • Trading: Equities $2.68 billion, Fixed Income $1.96 billion, according to StreetAccount
  • Investment Banking: $1.21 billion, per StreetAccount

How is James Gorman’s bank navigating increasingly choppy markets?

That’s the question for Morgan Stanley, whose investment banking, trading and wealth management operations are all impacted by the vagaries of the market.

Wall Street banks are grappling with the collapse in IPOs and debt and equity issuance this year, a sharp reversal from the deals boom that drove results last year. The slowdown was triggered by broad declines in financial assets, recession concerns and the Ukraine war.

While analysts expect the bank’s wealth management and investment management divisions – responsible for half of the firm’s revenue – will hold up better than investment banking, lower asset values will reduce revenue there as well.

Still, parts of Morgan Stanley’s operations are expected to benefit. Bond traders are expected to post good results, thanks to volatility in commodities and interest rates.

Shares of the bank have dropped 19% this year through Thursday, holding up better than the 25% decline of the KBW Bank Index.

Wells Fargo și Citigroup De asemenea, sunt programate să raporteze rezultatele vineri, urmate de Bank of America luni şi Goldman Sachs marti.

Această poveste se dezvoltă. Verificați din nou pentru actualizări.

Source: https://www.cnbc.com/2022/10/14/ms-morgan-stanley-earnings-3q-2022.html