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Morgan Stanley Analysts Optimistic After Q3: Fed Rate Declines 'Should Drive Robust Growth' In Asset Management
Thursday, October 17, 2024 - 2:10pm | 521Morgan Stanley (NYSE:MS) stock received price target increases from analysts after beating Street estimates and showing strength across multiple company segments in third-quarter financial results. The Morgan Stanley Analysts: Barclays analyst Jason Goldberg maintained an Overweight rating and...
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Barclays Is Bullish On Bank Stocks, Upgrades Goldman Sachs, Morgan Stanley
Monday, January 4, 2021 - 4:08pm | 496Bank stocks finished strong in 2020 on optimism surrounding an economic rebound in 2021 and the resumption of buybacks starting in the first quarter. On Monday, one investment bank analyst team said banks are set for tremendous earnings growth in 2021 and beyond. The Bank Analyst: Barclays analyst...
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Barclays Constructive On US Large-Cap Bank Stocks Ahead Of Earnings Reports
Friday, January 11, 2019 - 1:19pm | 752Bank earnings season is around the corner, and most banks are expected to continue their forecast-beating streak, according to Barclays. The Analyst Barclays analyst Jason Goldberg previewed big banks' Q4 earnings. The Thesis Higher loan growth, higher net interest margins, the...
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Big Bank Q3 Earnings Cheat Sheet: The Thing That Matters Most For Each Bank
Wednesday, October 11, 2017 - 1:59pm | 2335The calendar-year third-quarter reporting season is on us, with banks being the major industry group to report earnings ahead of the rest. Some high-profile names such as JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc (NYSE: C), Bank of America Corp (NYSE: BAC) and Wells Fargo & Co...
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Capital One Issues EPS Guidance For The First Time In Recent Memory
Friday, July 21, 2017 - 10:49am | 425Analysts at Barclays can't remember the last time Capital One Financial Corp. (NYSE: COF) issued guidance. But when the company did just that in conjunction with its second-quarter earnings report on Thursday, it prompted the firm's Jason Goldberg to maintain an Overweight rating on the stock with...
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US Bancorp Shares Up Nearly 25% In The Past Year; Argus Upgrades, Barclays Harps On Operating Leverage
Thursday, July 20, 2017 - 10:25am | 596Argus upgraded shares of U.S. Bancorp (NYSE: USB), as it continues to deliver best-in-class returns on equity and assets, strong efficiency metrics, solid mid-single-digit loan growth and earnings consistency. Meanwhile, reviewing the second-quarter results, Barclays said the company needs...
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What To Expect When You're Expecting Big Banks' Earnings
Wednesday, January 11, 2017 - 2:59pm | 769In a note released Wednesday, Barclays previewed earnings of financial services companies, including large-cap banks. Higher Interest Rates, Capital Markets To Help BofA Barclays expects Bank of America Corp (NYSE: BAC) to report fourth-quarter earnings of $0.39 per share, a penny ahead of...
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Wells Fargo's Solid Q3 Overshadowed By An Uncertain Future
Monday, October 17, 2016 - 11:04am | 386Wells Fargo & Co (NYSE: WFC)'s better-than-expected earnings report isn't enough to make investors forget about the still ongoing fake account opening scandal, at least according to analysts at Barclays. Barclays' large-cap bank analyst Jason Goldberg highlighted in a research report several...
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Morgan Stanley's Slow, Steady Summer
Tuesday, October 11, 2016 - 4:00pm | 365Jason Goldberg of Barclays expects better-than-expected earnings from Morgan Stanley (NYSE: MS), which is scheduled to report its third quarter financial results on October 19. Goldberg, who has an Equal-Weight rating and $32 price target on the stock, sees third-quarter EPS of $0.68, above the...
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Analyst Ponders Whether Wells Fargo's Q3 Results Will Matter
Tuesday, October 11, 2016 - 3:46pm | 373Previewing the third quarter results of Wells Fargo & Co (NYSE: WFC), Barclays said investors will stay focused on further potential fallout from the recently disclosed sales practices investigation rather than the results, per se. Earnings Miss On Cards Analyst Jason Goldberg expects the firm...
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JPMorgan's Q3 Expected To Continue Its 6-Quarter Streak Of Beating Estimates
Tuesday, October 11, 2016 - 3:04pm | 255Barclays expects JPMorgan Chase & Co. (NYSE: JPM) to report above-consensus earnings per share, extending the six-quarter streak of earnings outperformance. Analysts Jason Goldberg expects the company to report Q3 earnings of $1.48 per share, above the $1.38 per share consensus estimate....
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Barclays Expects Capital One To Beat Q3 Estimates
Tuesday, October 11, 2016 - 2:03pm | 208Barclays expects Capital One Financial Corp. (NYSE: COF)’s third quarter earnings to top the Street view, driven by higher net interest margin and balance sheet growth. Analyst Jason Goldberg expects Capital One to earn $2.00 a share, above the consensus at $1.96, when the company reports...
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5 Key Factors To Watch In Bank Of America's Quarterly Report
Tuesday, October 11, 2016 - 1:35pm | 314Previewing Bank of America Corp's (NYSE: BAC) Q3 results, Barclays listed five key factors to watch for: 1. Net interest income – The firm expects less volatility in the net interest income, as FAS91 dropped. FAS 91 is accounting for non-refundable fees and costs associated with...
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Goldman Sachs' Reduced Dividend On Preferred Stock Should Offset Top-Line Pressure
Tuesday, October 11, 2016 - 1:16pm | 255Goldman Sachs Group Inc (NYSE: GS) is expected to report its third quarter numbers on October 18 and Barclays cut its earnings estimates, albeit above consensus. Analyst Jason Goldberg trimmed his third quarter EPS view by $0.15 to $4.03, although still above consensus of $3.80, as he expects...
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Barclays Sees Fee Income Ticking Higher For Fifth Third
Friday, July 8, 2016 - 3:37pm | 396Barclays maintains its Equal-Weight rating on Fifth Third Bancorp (NASDAQ: FITB) as it predicts a sequentially improved results for the second quarter. Wall Street expects earnings of $0.38 a share on revenue of $1.52 billion. Barclays expects second-quarter EPS of $0.39, which includes an $11...