Jim Cramer: Morgan Stanley Didn’t Deliver Last Quarter
Jim Cramer says he'll be watching second quarter earnings from Morgan Stanley when they are released on Wednesday before the markets open.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer awaits second quarter earnings from Morgan Stanley (MS) - Get Report which are due to be released on Wednesday before the markets open. 'Morgan Stanley did not deliver a good quarter last time and it's hard for me to imagine that James Gorman won't deliver a better quarter this time.' Cramer said. Analysts expect earnings of $0.59 a share on revenue of $8.3 billion. During the same quarter a year ago, the bank reported earnings of $0.79 a share with revenue of $9.56 billion.
