Hot Stocks Earnings Forecast: Morgan Stanley, Bank of America, Facebook, Citigroup, Microsoft, and J.C. Penney

HONG KONG, Jan. 22, 2013 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Morgan Stanley (NYSE: MS), Bank of America (NYSE: BAC), Facebook (NASDAQ: FB), Citigroup (NYSE: C), Microsoft (NASDAQ: MSFT), and J.C. Penney (NYSE: JCP).

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Report Highlights:

Morgan Stanley (NYSE: MS): For the fourth quarter of 2012, Morgan Stanley (NYSE: MS) reported income from continuing operations applicable to the company was US$573 million, or US$0.28 per diluted share, which included a net tax benefit of about US$155 million, or US$0.08 per diluted share. That is compared with a loss of US$222 million, or a loss of US$0.13 per diluted share, for the fourth quarter of 2011. Do you think now is a good time to buy or sell the stock? See MS earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/012213A/MS/MorganStanley.pdf

Bank of America Corporation (NYSE: BAC): For the fourth quarter of 2012, Bank of America Corporation (NYSE: BAC) announced net income of US$0.7 billion (or US$0.03 per diluted share), down from net income of US$2.0 billion (or US$0.15 per diluted share), in the prior-year quarter. For the full year, the bank reported net income of US$4.2 billion (or US$0.25 per diluted share), compared to US$1.4 billion (or US$0.01 per diluted share) a year ago. Investors may want to find out where BAC will go from here. Observe comprehensive Bank of America earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/012213A/BAC/BankofAmerica.pdf

Facebook Inc. (NASDAQ: FB): Shares of Facebook Inc. (NASDAQ: FB) began the trading session with a price of US$30.31 and throughout the session plunged to a low of US$29.27. When day-trade ended, the stock finally slipped 1.59% to US$29.66. The last session's volume of 49.62 million shares was down from the average daily trading volume of 66.94 million shares. Observing comprehensive analysis of Facebook could help investors avoid big lost in investment. Check FB earnings forecast report below.

Read Full Report: http://www.earningforecast.com/PR/012213A/FB/Facebook.pdf

Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:

Citigroup Inc. (NYSE: C):

Read Full Report: http://www.earningforecast.com/PR/012213A/C/Citigroup.pdf

Microsoft Corporation (NASDAQ: MSFT):

Read Full Report: http://www.earningforecast.com/PR/012213A/MSFT/Microsoft.pdf

J.C. Penney Company, Inc. (NYSE: JCP):

Read Full Report: http://www.earningforecast.com/PR/012213A/JCP/JCPenney.pdf

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