(C) Reuters. Morgan Stanley Earnings, Revenue Beat in Q1
Morgan Stanley announced earnings per share of $2.22 on revenue of $15.72B. Analysts polled by Investing.com anticipated EPS of $1.72 on revenue of $13.95B.
Morgan Stanley shares are up 17% from the beginning of the year, still down 6.70% from its 52 week high of $86.62 set on March 18. They are outperforming the S&P 500 which is up 11.03% from the start of the year.
Morgan Stanley shares gained 1.03% in pre-market trade following the report.
Morgan Stanley’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.06 on revenue of $30.46B.
UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.38 on revenue of $69.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Morgan Stanley Earnings, Revenue Beat in Q1
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