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16.04.2024

Company news: Morgan Stanley’s (MS) quarterly results solidly beat analysts’ expectations

Morgan Stanley (MS) reported Q1 FY2024 earnings of $2.02 per share (versus $1.70 per share in Q1 FY2023), strongly beating analysts’ consensus estimate of $1.67 per share.

The company’s quarterly revenues amounted to $15.136 bln (+4.3% y/y), strongly beating analysts’ consensus estimate of $14.417 bln.

MS rose to $90.00 (+3.46%) in pre-market trading.

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