Can MA sustain its earnings growth into 2025?

**Morgan Stanley's (MS) potential to sustain earnings growth into 2025** is supported by several key factors:

1. **Consistent Track Record of Earnings Beat**: Morgan Stanley has a history of exceeding earnings expectations, with an average surprise of 27.15% over the past two quarters. This track record suggests a strong business performance that could continue into the future.
2. **Improving Business Conditions**: The overall business environment is improving, which is likely to contribute to continued revenue and earnings growth. This positive outlook is further reinforced by the fact that Morgan Stanley's first-quarter earnings blowout is just the beginning, indicating a strong upward trajectory in profitability.
3. **Analyst Confidence**: The consensus rating for Morgan Stanley is "Neutral" with a majority of analysts holding this view. This suggests that analysts are not only optimistic about the company's short-term performance but also its long-term prospects.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MA|MA.N|Mastercard|2024 Q1|27.530707327403643|3.011E9|169|
|MA|MA.N|Mastercard|2024 Q2|14.516695957820739|3.258E9|169|
|MA|MA.N|Mastercard|2024 Q3|2.0325203252032518|3.263E9|169|
|MA|MA.N|Mastercard|2024 Q4|19.742027946972414|3.342E9|169|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|MA|MA.N|Mastercard|2024 Q1|10.438413361169102|6.348E9|169|
|MA|MA.N|Mastercard|2024 Q2|11.038443132876056|6.961E9|169|
|MA|MA.N|Mastercard|2024 Q3|12.796571253635388|7.369E9|169|
|MA|MA.N|Mastercard|2024 Q4|14.370800244349418|7.489E9|169|

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|MA|MA.N|Mastercard|2024 Q1|30.364372469635626|3.22|169|
|MA|MA.N|Mastercard|2024 Q2|16.666666666666664|3.5|169|
|MA|MA.N|Mastercard|2024 Q3|4.129793510324474|3.53|169|
|MA|MA.N|Mastercard|2024 Q4|22.558922558922557|3.64|169|

4. **Strategic Positioning**: Morgan Stanley's focus on high-quality stocks and its "30 for 2027" collection of long-term ideas positions it well for sustained growth. The company's emphasis on sustainability and quality is likely to enhance its competitive advantage and profitability in the long term.
5. **Investor Sentiment and Total Shareholder Return**: The total return for Morgan Stanley investors has risen faster than earnings growth over the last five years, indicating strong investor confidence and satisfaction with the company's performance. This sentiment is likely to continue as long as the company maintains its track record of growth and profitability.

In conclusion, Morgan Stanley's strong earnings growth in recent quarters, combined with positive analyst ratings, improving business conditions, and a strategic focus on high-quality stocks, positions it well for the potential to sustain earnings growth into 2025.