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

Market news

18 April 2018

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

Morgan Stanley (MS) reported Q1 FY 2018 earnings of $1.45 per share (versus $1.00 in Q1 FY 2017), beating analysts' consensus estimate of $1.25.

The company's quarterly revenues amounted to $11.077 bln (+13.7% y/y), beating analysts' consensus estimate of $10.369 bln.

MS rose to $54.20 (+1.80%) in pre-market trading.

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