The quarterly earnings of Morgan Stanley dropped and profits have grown



U.S. Bank Morgan Stanley reported lower profits in the fourth quarter of this year to 516 MDR $ or $ 0.29 per share, compared to 1.509 billion, or $ 0.81 per share for the same period a year earlier.

Adjusted earnings equaled $ 0.84 per share.

The company’s revenue increased to 9.5 billion compared to 9.0 billion over the same period a year earlier.

Analysts predicted profit of Morgan Stanley at the level of $ 0.64 per share and revenues of $ 9.2 billion.

After the publication of quarterly reports in the course of trading on premarket the company’s shares rose by 1.3%.




The quarterly earnings of Morgan Stanley dropped and profits have grown 18.01.2018

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