Morgan Stanley stock fell 0.2% on Tuesday after the investment bank’s adjusted profit beat Wall Street expectations. Morgan Stanley said its fourth-quarter...
Morgan Stanley MS stock fell 0.2% on Tuesday after the investment bank’s adjusted profit beat Wall Street expectations. Morgan Stanley said its fourth-quarter earnings dropped to $2.11 billion, or $1.26 a share, from $3.59 billion, or $2.01 a share, in the year-ago quarter. Fourth-quarter adjusted profit fell to $1.31 a share from $2.08 a share. Wall Street analysts expected Morgan Stanley to earn $1.25 a share, according to a FactSet survey. Morgan Stanley’s fourth-quarter revenue fell to $12.
... Morgan Stanley MS stock fell 0.2% on Tuesday after the investment bank’s adjusted profit beat Wall Street expectations. Morgan Stanley said its fourth-quarter earnings dropped to $2.11 billion, or $1.26 a share, from $3.59 billion, or $2.01 a share, in the year-ago quarter. Fourth-quarter adjusted profit fell to $1.31 a share from $2.08 a share. Wall Street analysts expected Morgan Stanley to earn $1.25 a share, according to a FactSet survey.
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