Morgan Stanley Earnings Beat, Revenue Misses In Q4

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Morgan Stanley announced earnings per share of $2.08 on revenue of $14.52B. Analysts polled by Investing.com anticipated EPS of $1.94 on revenue of $14.56B.

Morgan Stanley shares are down 4% from the beginning of the year, still down 11.70% from its 52 week high of $106.47 set on January 12. They are under-performing the S&P Global 100 which is down 2.14% from the start of the year.

Morgan Stanley shares lost 0.81% in pre-market trade following the report.

Morgan Stanley’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.

Bank of America had beat expectations on Wednesday with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar