Company news: Morgan Stanley’s (MS) quarterly results strongly beat analysts’ forecasts

Morgan Stanley (MS) reported Q4 FY2024 earnings of $2.22 per share (versus $1.13 per share in Q4 FY2023), strongly beating analysts’ consensus estimate of $1.70 per share.

The company’s quarterly revenues amounted to $16.233 bln (+25.9% y/y), strongly beating analysts’ consensus estimate of $15.026 bln.

MS rose to $131.80 (+0.96%) in pre-market trading.