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

Market news

15 October 2020

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

Morgan Stanley (MS) reported Q3 FY 2020 earnings of $1.59 per share (versus $1.27 per share in Q3 FY 2019), beating analysts’ consensus estimate of $1.28 per share.

The company’s quarterly revenues amounted to $11.657 bln (+16.2% y/y), beating analysts’ consensus estimate of $10.613 bln.

MS rose to $50.75 (+0.20%) in pre-market trading.

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