Bank of America, Novartis, and Morgan Stanley: Earnings Preview
- July 16th, 2023
- 296 views
On Tuesday, July 18, several companies are expected to report their financial results, including:
Bank of America Corporation (NYSE: BAC), a financial giant, is set to reveal its second-quarter 2023 financial results before the market opens.
Analysts are expecting an EPS of $0.84 on revenue of $25.05 billion.
On Friday, $BAC closed at $29.11, experiencing a decline of $0.56 (-1.89%).
Novartis AG (NYSE: NVS), a major pharmaceutical company, will be releasing its second-quarter and half-year 2023 financial results prior to the market open.
The consensus estimate projects an EPS of $1.66 on revenue of $13.17 billion.
$NVS closed at $98.83 on Friday, marking an increase of $0.50 (+0.51%).
Morgan Stanley (NYSE: MS), a leading global financial services firm, is expected to announce its second quarter 2023 financial results before the market opens.
Analysts are forecasting an EPS of $1.15 on revenue of $13.08 billion.
On Friday, $MS closed at $85.78, down $0.43 (-0.50%).
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