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

Market news

18 July 2019

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

Morgan Stanley (MS) reported Q2 FY 2019 earnings of $1.23 per share (versus $1.30 in Q2 FY 2018), beating analysts’ consensus of $1.16.

The company’s quarterly revenues amounted to $10.244 bln (-3.4% y/y), beating analysts’ consensus estimate of $10.021 bln.

MS fell to $43.70 (-0.16%) in pre-market trading.

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