Morgan Stanley (MS) : Q116 Earnings Whisper

Morgan Stanley (MS) is set to report its fiscal first-quarter earnings today before the markets open. Analysts expect the banking giant to report earnings per share of $0.65 and revenue of $8.52 billion. That would be $0.26 higher the $0.39 per share posted last quarter and $0.49 lower the $1.14 posted in the Q115. Revenue is projected to be $1.28 billion lower than the $9.8 billion posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.45 per share.

As a quick reminder, Morgan Stanely reported Q415 EPS of $0.39, $0.06 better than the Street’s consensus estimate of $0.33. Revs declined 0.77% year-over-year to $7.7 billion vs the $7.59 billion consensus.

Morgan Stanley recently traded at $25.76, a loss of $0.41 over Friday’s closing price. The name has a current market capitalization of $49.96 billion.

As for passive income investors, the New York City-based bank pays shareholders $0.60 per share annually in dividends, yielding 2.29%. Five year average dividend yield currently stands at 1.12%.

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