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

Market news

16 January 2020

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

Morgan Stanley (MS) reported Q4 FY 2019 earnings of $1.20 per share (versus $0.80 in Q4 FY 2018), beating analysts' consensus estimate of $1.02.

The company's quarterly revenues amounted to $10.857 bln (+27.0% y/y), beating analysts' consensus estimate of $9.720 bln.

MS rose to $54.20 (+2.38%) in pre-market trading.

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