News Formal

We're hiking our price target on Morgan Stanley despite a miss in a key business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 72%

Club Earnings ニュース

Jim Cramer,Investment Strategy,Markets

Investors on Tuesday are more willing to look beyond a missed Morgan Stanley's wealth management business than in the past.

Morgan Stanley on Tuesday reported second-quarter results that largely exceeded Wall Street expectations — though weakness in one key segment warrants closer monitoring even as the stock shook off earlier declines. Revenue for the three months ended June 30 increased over 11% year over year to $15.02 billion, outpacing expectations of $14.3 billion, according to estimates compiled by LSEG. Earnings per share jumped nearly 47% versus the year-ago period to $1.82, exceeding the $1.

In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company's website on May 13, 2024 in Chicago, Illinois.on Tuesday reported second-quarter results that largely exceeded Wall Street expectations — though weakness in one key segment warrants closer monitoring even as the stock shook off earlier declines.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

These companies are likely to reward investors with special dividends and outperformance, Morgan Stanley saysIn certain scenarios, companies may dig into their pockets and offer their shareholders a one-time special dividend.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Here are Morgan Stanley's 3 stocks to own to play the autonomous driving themeHere are Morgan Stanley's 3 stocks to own to play the autonomous driving theme
ソース: Investingcom - 🏆 450. / 53 続きを読む »