Morgan Stanley

Tagged stories

The upper floors of 1585 Broadway, Morgan Stanley's headquarters tower in Midtown Manhattan, with the Morgan Stanley name near the top of its glass facade against a pale blue sky.
Markets

Morgan Stanley Earned $3.03 a Share on $20.3 Billion of Revenue. Equities Supplied $1.7 Billion of the $2.1 Billion Increase.

Morgan Stanley reported third-quarter net revenues of $20.3 billion and earnings of $3.03 a share on Wednesday 14 October, up from $18.2 billion and $2.80 a year earlier. Equity revenue rose 41 per cent to $5.8 billion, while fixed income fell 7 per cent. Return on tangible common equity was 22.6 per cent, against 23.5 a year earlier.

The illuminated Morgan Stanley name on the corner of a glass office tower at night.
Markets

Morgan Stanley Reports Wednesday After Telling Investors "3Q Is No 2Q." Its Closest Rival Has Just Shown What That Can Look Like.

Morgan Stanley reports third-quarter results at about 7:30 a.m. ET on Wednesday 14 October. The LSEG consensus, as cited by Reuters, is $2.94 a share against $3.46 in a record second quarter and $2.80 a year earlier. In September co-president Dan Simkowitz said "3Q is no 2Q." Goldman Sachs, reporting on Tuesday, showed revenue down 13 per cent from the second quarter in its comparable business.