Company News: Morgan Stanley (MS) quarterly results miss analysts’ expectation

Market news

17 January 2019

Company News: Morgan Stanley (MS) quarterly results miss analysts’ expectation

Morgan Stanley (MS) reported Q4 FY 2018 earnings of $0.80 per share (versus $0.84 in Q4 FY 2017), missing analysts’ consensus estimate of $0.89.

The company’s quarterly revenues amounted to $8.548 bln (-10.0% y/y), missing analysts’ consensus estimate of $9.316 bln.

MS fell to $42.73 (-3.96%) in pre-market trading.

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