2:22 PM · 19 April 2023

Morgan Stanley tumbles 4% despite good earnings report

Bank Morgan Stanley (MS.US) reported Q1'23 net income of $2.98 billion exceeding expectations but shares are tumble 5% before the market open because of weaker profits.

Revenues:  $14,52 bln USD vs $13,92 bln USD forecasts (Refinitiv)

Earnings per share (EPS):  $1.70 vs $1,62 forecasts (Refinitiv)

Net of interest expense was $14.52 bln above market consensus but equities trading income was below expectations $2,73 bln vs $2,86 bln. Fixed income revenue was  $2,58 bln, above $2,42 expectations. IIB revenue was  $1,25 bln also above  $1.12 bln expectations. The revenue from wealth management investment activity increased by 11% from a year ago.

Morgan Stanley (MS.US) on D1 interval. The premarket trading suggest that company shares will tumble below 23,6 Fibonacci retracement of the upward wave started in March 2020 and also below SMA200 (red line). The key support may be 38,2 Fibonacci level at 78 USD zone. Source: xStation5

13 July 2026, 1:12 PM

Which earnings reports will be in the spotlight this week❓ (13.07.2026)

13 July 2026, 11:21 AM

Market Wrap: Geopolitical déjà vu. Hormuz once again in the center of investors' attention.

13 July 2026, 10:23 AM

TSMC Shows That Companies Are Still Investing Billions in AI

13 July 2026, 7:52 AM

Economic Calendar: Warsh's big week (13.07.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits