Morgan Stanley Q4 2023 GAAP EPS $0.85 Misses $1.00 Estimate, Sales $12.90B Beat $12.75B Estimate
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley reported Q4 2023 earnings with a GAAP EPS of $0.85, missing the estimated $1.00. However, their sales of $12.90B exceeded the forecast of $12.75B.
January 16, 2024 | 12:31 pm
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NEUTRAL IMPACT
Morgan Stanley's Q4 GAAP EPS fell short of estimates by $0.15, but sales surpassed expectations by $0.15B.
The mixed results with an EPS miss and a sales beat could lead to neutral market sentiment in the short term. Investors may weigh the positive sales numbers against the negative earnings surprise, leading to uncertain price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100