From BusinessInsider: Morgan Stanley will announce its first
quarter earnings tomorrow morning around 7:15 a.m., drawing a close to earnings
week for America's biggest banks. (Bank of America is set to report at 7 a.m.
tomorrow).
Analysts are expecting earnings of $0.42 per share on
revenue of $7.31 billion, according to First Call. The consensus estimates for
Morgan Stanley has been repeatedly cut since the beginning of the year as
analysts noted that Morgan Stanley could suffer from low trading revenue and
low investment banking activity.
However, Morgan Stanley has more at stake this earnings
season than the rest of its Wall Street peers….
Read more:
http://www.businessinsider.com/morgan-stanley-earnings-preview-2012-4#ixzz1sSncFH5S
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