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CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results.
Morgan Stanley reported a profit jump for the third quarter fueled by better-than-expected revenue. Sonali Basak reports on Bloomberg Television.
Morgan Stanley's profit rose in the third quarter, fueled by a rebound in dealmaking that also helped its rivals.
NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today announced its third quarter 2024 financial results. The financial results are available on the Firm's Investor Relations website at http://www.morganstanley.com/about-us-ir and on a Form 8-K filed with the Securities and Exchange Commission (SEC) on October 16, 2024, and available on the SEC's website at www.sec.gov. A conference call to discuss the results will be held today at 8:30 a.m. (ET). The call will be available at www.morganst.
Morgan Stanley is set to report third-quarter earnings before the opening bell Wednesday. The bank's massive wealth management business will be helped by high stock market values in the quarter, which inflates the management fees the bank collects.
The stock was trading near a record high ahead of the release.
Morgan Stanley is scheduled to report 3rd quarter, 2024, financial results on Wednesday morning, October 16th, before the opening bell. Analyst consensus Wednesday morning is expecting $14.4 bl in net revenue to generate $1.58 in EPS for y-o-y growth of 9% and 14%. Full-year '24 expectations are for EPS to grow 24% on 9% revenue growth.
Evaluate the expected performance of Morgan Stanley (MS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Morgan Stanley (MS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Morgan Stanley (MS) closed at $109.04, marking a +1.44% move from the previous day.