FedEx, Morgan Stanley Preview: A Look At Past Performance On Earnings Days

Includes: FDX, MS
by: TickerSense

FedEx (NYSE:FDX) and Morgan Stanley (NYSE:MS) are scheduled to report earnings this morning. Below we highlight their prior reports since the bull market began back in late 2002. We separated the reports based on whether the stock gapped up or down on the morning of the earnings report.

As shown, when FDX has gapped higher after reporting earnings, the stock has continued higher from open to close 7 out of 8 times.