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

Morgan Stanley (MS) reported Q2 FY2024 earnings of $1.82 per share (versus $1.24 per share in Q2 FY2023), strongly beating analysts’ consensus estimate of $1.65 per share.

The company’s quarterly revenues amounted to $15.019 bln (+11.6% y/y), strongly beating analysts’ consensus estimate of $14.322 bln.

MS fell to $102.00 (-3.10%) in pre-market trading.