News Formal

These are Morgan Stanley's highest conviction plays for earnings season

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 72%

S&P 500 Index News

Eaton Corporation PLC,Microsoft Corp,Lineage Inc

Morgan Stanley sees upside for several stocks as their latest fiscal results are announced this earnings season.

Morgan Stanley sees upside for several stocks as their latest fiscal results are announced. Earnings season is in full swing, with about one-tenth of S & P 500 companies reporting over the past week. About 20% of the index plans to release results next week. Consensus estimates are for S & P 500 third-quarter earnings per share to be up 3% year over year on sales growth of 4% year over year, equity strategist Michelle Weaver wrote in a note Wednesday, which included team analysis.

Eaton is set to report third-quarter earnings on Oct. 29. Meanwhile, four-time CNBC Disruptor 50 company Lineage , which went public in July , should deliver a mid-single digit same-store net operating income growth rate at the end of the year, analyst Ron Kamden said. The global leader in temporary warehouse space owns the highest quality portfolio and differentiated tech platform, he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 20 stocks have 'sustainable AI credentials': Morgan StanleyThese 20 stocks have 'sustainable AI credentials': Morgan Stanley
Source: Investingcom - 🏆 450. / 53 Read more »

Morgan Stanley says Constellation could top $300 on nuclear restart, these stocks could also riseThe Baltimore-based nuclear operator's move to restart Three Mile Island could lead to more such deals, benefiting renewable and natural gas stocks as well.
Source: CNBC - 🏆 12. / 72 Read more »