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

Market news

16 April 2020

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

Morgan Stanley (MS) reported Q1 FY 2020 earnings of $1.01 per share (versus $1.33 per share in Q1 FY 2019), missing analysts' consensus estimate of $1.11 per share.

The company's quarterly revenues amounted to $9.487 bln (-7.8% y/y), missing analysts' consensus estimate of $9.816 bln.

MS fell to $38.00 (-1.04%) in pre-market trading.

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