Morgan Stanley earnings are out – Here are the numbers

1 hour ago

Ted Pick, CEO of Morgan Stanley speaks on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025.

Gerry Miller | CNBC

Morgan Stanley reported third-quarter earnings before the opening bell Wednesday.

Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:

Earnings per share: $3.03, vs. $2.91 expectedRevenue: $20.34 billion, vs. $19.95 billion expected

Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue in the quarter, as rivals Goldman Sachs and JPMorgan Chase showed in their reports this week.

Analysts will want to know what CEO Ted Pick has to say on the outlook for mergers and IPOs for the rest of the year amid the churn caused by rising interest rates.

This story is developing. Please check back for updates.

Read Full Article at Source

Morgan Stanley earnings are out – Here are the numbers

Related

Bank of America shares drop 7% after third-quarter revenue miss and regulatory penalty

Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million

Bank of America shares drop 5% after third-quarter revenue miss and regulatory penalty

Bank of America shares drop more than 5% after third-quarter revenue miss and regulatory penalty

Delta's business-class revamp: New seats, menus, plates and more Porsches

Bank of America shares drop more than 4% after third-quarter revenue miss and regulatory penalty

Bank of America shares drop more than 4% after third quarter revenue miss and regulatory penalty

Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million

Bank of America posts third-quarter profit drop due to $1.2 billion Treasury fine; shares decline

Bank of America posts third-quarter profit drop due to $1.2 billion Treasury fine

Bank of America earnings are out – Here are the numbers

Bank of America is set to report third-quarter earnings – here’s what the Street expects

United Airlines is making it harder to reach its top frequent flyer status in 2027

Walmart to cover some GLP-1s, inhalers and insulin for employees at no cost as it expands benefits

Airport attacks put aviation in crosshairs of geopolitical conflicts

UnitedHealth Group tops estimates, hikes profit outlook as insurer manages high medical costs

McDonald's is leaning into chicken and drinks to grow. New data shows it could be a tough task

Delta delays debut of Saudi Arabia service until March after Riyadh airport attacks