HFA Icon

Morgan Stanley (MS) Q2 Earnings, Revenue Top Expectations

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Morgan Stanley (NYSE:MS) released its earnings report for the second quarter of 2013 this morning before the market opened. The company showed earnings per share of $0.45 for the three month period on revenue of $8.32 billion. The company's shares will open on today's market at $26.54.

Morgan Stanley (MS) Q2 Earnings, Revenue Top Expectations

In the run up to the announcement of these results, analysts following Morgan Stanley were looking for earnings per share of 43 cents on revenue totaling $7.89 billion. In the same three months of 2012 the company earned 16 cents per share on revenue of $7 billion.

Morgan...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.