Reuters - Video

Edition: U.S. | U.K. | IN | CN | JP

Business

Morgan Stanley could surprise with results: StarMine

Wednesday, April 18, 2012 - 00:54

April 18 - Morgan Stanley could beat earnings estimates by $0.03 when it reports Thursday before the bell, according to exclusive StarMine data.

▲ Hide Transcript

View Transcript

Stanley is set to report weaker profits on Thursday before the bell but investors could actually be in for a treat according to start mine top -- analysts around artists has been. Crunching that exclusive data forest so to -- is -- high chance that Morgan can actually meets. Well that's highly rated. Analysts what -- very accurate track record that police its earnings per share it can be as high as 45 cents. This is three cents higher than the consensus mean a 42 and what is that analysts optimistic about. Optimistic about three things that -- markets could actually survived the European crisis. That corporations will meet capital and the future. And that the improving US economy could lift equity markets this start might say the stock is undervalued yes that that's that's -- that stock is trading at eighteen dollars and should be higher at 39 dollars -- -- -- thanks so much. I'm Rhonda -- this is Reuters.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Morgan Stanley could surprise with results: StarMine

Wednesday, April 18, 2012 - 00:54