Forex

Morgan Stanley and Citigroup Inc. slashed their estimates for 2025 earnings


Through Bloomberg:

  • Morgan Stanley and Citigroup Inc. slashed their estimates for 2025 earnings
  • becoming a member of a wave of Wall Road banks warning that tariffs will curb revenue development

Citi’s lowered 2025 prediction for the S&P 500 to five,800 from 6,500

  • predicated on earnings of $255 a share for firms within the index, down from a earlier $270 projection

Morgan Stanley minimize 2025 earnings-per-share forecast to $257 from $271.

This text was written by Eamonn Sheridan at www.forexlive.com.



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Eamonn Sheridan
Eamonn Sheridan

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