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

Market news

18 January 2018

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

Morgan Stanley (MS) reported Q4 FY 2017 earnings of $0.84 per share (versus $0.81 in Q4 FY 2016), beating analysts' consensus estimate of $0.78. (! Q4 results excluded a net discrete tax provision of $0.990 bln or a loss of $0.55 per share).

The company's quarterly revenues amounted to $9.500 bln (+5.3% y/y), beating analysts' consensus estimate of $9.249 bln.

MS rose to $56.25 (+1.63%) in pre-market trading.

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