Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million
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21 Articles
Morgan Stanley (NYSE:MS) Releases Earnings Results, Beats Expectations By $0.10 EPS
Morgan Stanley (NYSE:MS - Get Free Report) posted its quarterly earnings data on Wednesday. The financial services provider reported $3.03 EPS for the quarter, beating analysts' consensus estimates of $2.93 by $0.10. Morgan Stanley had a return on equity of 19.31% and a net margin of 15.65%. The company had revenue of $20.34 billion during the quarter, compared to analysts' expectations of $19.93 billion.
Morgan Stanley reported third-quarter earnings of $3.03 on net income of $20.3 billion, up from a year earlier. The strong performance was driven by strong earnings from its equity trading business and record-breaking wealth management business. The bank's shares rose more than half a percent in the minutes after the report was released.
Breaking The News
BizTocMorgan Stanley's Q3 revenue up 12% to $20.3B
Morgan Stanley revealed on Wednesday that net revenue advanced by 12% year-on-year to $20.3 billion in the third quarter of 2026, surpassing analysts' expectations.Net income grew by 7% to $4.9 billio...
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