Company News: Morgan Stanley (MS) quarterly results beat analysts’ expectations

Market news

19 July 2017

Company News: Morgan Stanley (MS) quarterly results beat analysts’ expectations

Morgan Stanley (MS) reported Q2 FY 2017 earnings of $0.87 per share (versus $0.75 in Q2 FY 2016), beating analysts' consensus estimate of $0.77.

The company's quarterly revenues amounted to $9.503 bln (+6.7% y/y), beating analysts' consensus estimate of $9.052 bln.

MS rose to $46.10 (+2.13%) in pre-market trading.

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