Morgan Stanley: Fourth Quarter Earnings Overview
Morgan Stanley Exceeds Q4 Earnings Expectations
Morgan Stanley, headquartered in New York, announced a net income of $4.4 billion for the fourth quarter.
The financial giant reported earnings of $2.68 per share, outperforming analyst predictions.
According to a survey by Zacks Investment Research, analysts had anticipated earnings of $2.41 per share, making the actual results notably higher than expected.
During the quarter, Morgan Stanley generated $29.99 billion in total revenue. After accounting for interest expenses, revenue stood at $17.89 billion, surpassing the $17.32 billion forecasted by analysts polled by Zacks.
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