Morgan Stanley Earnings, Revenue Beat in Q3 By

Morgan Stanley Earnings, Revenue Beat in Q3 By

© Reuters. Morgan Stanley Earnings, Revenue Beat in Q3 – Morgan Stanley (NYSE:) reported on Thursday third quarter that beat analysts’ forecasts and income that topped expectations.

Morgan Stanley introduced earnings per share of $2.04 on income of $14.75B. Analysts polled by anticipated EPS of $1.69 on income of $13.93B.

Morgan Stanley shares are up 43% from the start of the yr, nonetheless down 6.97% from its 52 week excessive of $105.95 set on September 28. They are outperforming the S&P Global 100 which is up 13.65% from the beginning of the yr.

Morgan Stanley shares gained 1.48% in pre-market commerce following the report.

Morgan Stanley follows different main Financial sector earnings this month

Morgan Stanley’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $3.74 on income of $30.44B, in comparison with forecasts EPS of $3 on income of $29.86B.

UnitedHealth had beat expectations on Thursday with third quarter EPS of $4.52 on income of $72.34B, in comparison with forecast for EPS of $4.41 on income of $71.3B.

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