16.07.2024 13:39:24 - dpa-AFX: Morgan Stanley Announces Rise In Q2 Bottom Line, Beats Estimates
NEW YORK CITY (dpa-AFX) - Morgan Stanley (MS) reported a profit for its
second quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $3.08 billion, or $1.82 per share. This
compares with $2.18 billion, or $1.24 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.65 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 11.6% to $15.02 billion from $13.46
billion last year.
Morgan Stanley earnings at a glance (GAAP) :
-Earnings (Q2): $3.08 Bln. vs. $2.18 Bln. last year.
-EPS (Q2): $1.82 vs. $1.24 last year.
-Revenue (Q2): $15.02 Bln vs. $13.46 Bln last year.
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