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-0.00388421836756406 5.32084707886524E-05 -0.00117058635734808 -0.00393742683835256 0.000319250824731309 0.00861977226774505 0.0184101308928382 0.0176120038310099
Stock impact report

This Magnificent 7 stock is a good 'tactical long into earnings': Morgan Stanley [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
Woodring expects modest upside of 1% to 2% against consensus estimates for the March quarter revenue and earnings per share, with supply constraints limiting further gains. For the June quarter, Morgan Stanley is 5% above Street revenue estimates but 170 basis points below consensus gross margins, arriving at an in-line EPS forecast of $1.74. The bank sees this outcome as better than feared. Rising memory costs are expected to pressure margins, but Morgan Stanley said continued strength in iPhone, Mac and Services revenue should more than offset that headwind. Beyond the near-term print, the bank sees several catalysts supporting the stock through year-end, including supply chain checks pointing to share gains, Apple's Worldwide Developers Conference on June 8 where expectations are low but a meaningful Siri redesign could act as a sentiment tailwind, and the launch of a foldable iPhone in the fall. Morgan Stanley also flagged Apple's free cash flow generation as a relative p Show less Read more
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