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

Market news

16 April 2021

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

Morgan Stanley (MS) reported Q1 FY 2021 earnings of $2.19 per share (versus $1.01 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.58 per share.

The company’s quarterly revenues amounted to $15.719 bln (+65.7% y/y), beating analysts’ consensus estimate of $13.484 bln.

MS rose to $81.00 (+0.22%) in pre-market trading.

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