2 Juggernaut Financial Services Stocks Lighting Up Trading Screens Before Earnings

Morgan Stanley (NYSE:MS) will unveil its latest earnings on Wednesday, October 19, 2011. The average estimate of analysts is for profit of 36 cents per share, a rise of more than sevenfold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 48 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 61.9% versus last year to 93 cents.

Last quarter, the company reported net loss of 38 cents per share versus a mean estimate of a loss of. The company has beaten estimates for the past three quarters. Analysts are projecting a rise of 11.5% in revenue from the year-earlier quarter to $7.56 billion.

Competitors to Watch: Goldman Sachs Group, Inc. (NYSE:GS), Citigroup Inc. (NYSE:C), Bank of America Corp. (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Deutsche Bank AG (NYSE:DB), UBS AG (NYSE:UBS), Mitsubishi UFJ Financial Group Inc (NYSE:MTU), Piper Jaffray Companies (NYSE:PJC), Jefferies Group, Inc. (NYSE:JEF), and General Electric Company (NYSE:GE).

BlackRock, Inc. (NYSE:BLK) will unveil its latest earnings on Wednesday, October 19, 2011. The average estimate of analysts is for profit of $2.83 per share, a rise of 2.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $3.17. Between one and three months ago, the average estimate moved down. It also has dropped from $3.02 during the last month. Analysts are projecting profit to rise by 11.7% versus last year to $12.22.

Last quarter, the company beat estimates by 8 cents, coming in at net income of $3 a share versus the estimate of profit of $2.92 a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 11.5% in revenue from the year-earlier quarter to $2.33 billion.

Competitors to Watch: Morgan Stanley (NYSE:MS), T. Rowe Price Group, Inc. (NASDAQ:TROW), American Intl. Group, Inc. (NYSE:AIG), Barclays PLC (NYSE:BCS), Bank of America Corp. (NYSE:BAC), Goldman Sachs Group, Inc. (NYSE:GS), Invesco Ltd. (NYSE:IVZ), UBS AG (NYSE:UBS), Affiliated Managers Group, Inc. (NYSE:AMG), and Franklin Resources, Inc. (NYSE:BEN).

More from The Cheat Sheet