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Morgan Stanley Earnings Beat Big, Shares Rise Pre-Market

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HFA Staff
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Morgan Stanley (NYSE:MS) released its earnings numbers for the third quarter of 2013 this morning before the bell rang on Wall Street. The investment bank showed earnings of $0.50 per share for the three months on revenue totaling $$8.1 billion. Stock in Morgan Stanley will open later this morning at $28.93 per share.

Morgan Stanley Earnings Beat Big, Shares Rise Pre-Market

In the run up to this morning's release Bloomberg's consensus earnings estimate from 18 analysts stood at 41 cents per share. The bank was expected to have taken in revenue of $7.5 billion in the three months...

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