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 Avenue banks warning that tariffs will curb revenue progress

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 reduce 2025 earnings-per-share forecast to $257 from $271.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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