MS Stock Recent News

Solid IB performance on the back of robust underwriting business drives Morgan Stanley's (MS) Q1 earnings with support from equity trading business. Lower NII and a rise in expenses act as undermining factors.

Morgan Stanley (MS) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.70 per share a year ago.

Morgan Stanley (MS) significantly exceeded profit expectations in the first quarter on strong investment banking, wealth management, and trading revenue.

Morgan Stanley reported first-quarter results that saw equities and FICC sales and trading revenue top estimates. Sonali Basak examines the numbers on Bloomberg Television.

Morgan Stanley (NYSE:MS) beat expectations for revenues and earnings in the first set of results under new CEO Ted Pick, who benefited from a record quarter for wealth management.  Total net revenues of $15.1 billion were reported for the first quarter, up 4% on a year ago and ahead of the $14.5 billion Wall Street consensus forecast.

Morgan Stanley's profit rose in the first quarter, lifted by a resurgence in investment banking.

How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?

Morgan Stanley's (MS) first-quarter 2024 earnings are expected to have been negatively impacted by weakness in its trading performance.

Morgan Stanley's stock (NYSE: MS) has lost approximately 7% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, the stock price decreased 5.2% yesterday vs a 0.74% increase in the broader index.

Morgan Stanley (NYSE:MS) is expected to post a year-on-year drop in both profit and revenue for the first quarter when it reports on its last quarter's financial performance on Tuesday, April 16. The financial services firm is going into its earnings amid reports its client vetting practices are being probed by federal regulators, which saw the stock drop dramatically this week.