Investing

Morgan Stanley Earnings Preview (June 2007)

Morgan Stanley (MS-NYSE) is expected to post earnings per share of $1.98 on revenues of $9.85 Billion.  If you compare Morgan Stanley shares to last Monday’s close before we had any of the competing earnings out of other Wall Street firms, shares were at $88.54.  That is less than 1% higher than today’s $87.80 close and almost exactly in-line with the $88.50 close yesterday.

Since Monday of last week we have seen the following brokers perform as follows:

Lehman Bros. (LEH-NYSE) $81.30 close today; $75.68 last Monday before its earnings

Bear Stearns (BSC-NYSE) $146.79 close today; $148.39 last Monday and $149.49 before its earnings.

Goldman Sachs (GS) $229.47 close today; $227.85 last Monday and $233.64 before its earnings.

Jon C. Ogg
June 19, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.