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Which Investment Banking Stock is Better?
Goldman Sachs (NYSE: GS) & Morgan Stanley (NYSE: MS), two of Wall Street’s biggest titans, will be releasing their quarterly earnings report this Wednesday & Thursday (January 15th/16th). What should you expect from these banking sector stocks?
Goldman Sachs
Expected to report earnings before markets open (EPS forecast of $5.18 vs. last year’s $6.04), this stock is expected to beat earnings estimates, with revenues projected at $8.55 billion, up 5.9% from the year ago quarter.
Morgan Stanley
Expected to report earnings before markets open (EPS forecast is $1.00 vs. last year’s $0.73), this stock is expected to deliver a YOY increase in earnings on higher revenues, projected at $9.48 billion, up 10.9% from the year ago quarter.
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