Morgan Stanley (MS) Tops Q2 EPS by 17c

Morgan Stanley (NYSE: MS) reported Q2 EPS of $1.30, $0.17 better than the analyst estimate of $1.13. Revenue for the quarter came in at $10.6 billion versus the consensus estimate of $10.15 billion.

James P. Gorman, Chairman and Chief Executive Officer, said, “We reported robust revenue and earnings growth this quarter with strength across all businesses and geographies. The second quarter performance reflected active markets and healthy client engagement. Our strong global franchise positions us well to continue to grow organically across each of our businesses and to deliver operating leverage.”

Quarterly Dividend Increased to $0.30 per Share; Share Repurchase of up to $4.7 Billion Authorized through 2Q193

For earnings history and earnings-related data on Morgan Stanley (MS) click here.

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