Morgan Stanley Q2 2024 Adj EPS $1.82 Beats $1.65 Estimate, Sales $15.00B Beat $14.30B Estimate
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley (NYSE:MS) reported Q2 2024 adjusted EPS of $1.82, beating the estimate of $1.65. Sales were $15.00 billion, surpassing the $14.30 billion estimate and showing an 11.47% increase from the same period last year.
July 16, 2024 | 11:30 am
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Morgan Stanley reported strong Q2 2024 results with EPS of $1.82 beating estimates by 10.3% and sales of $15.00 billion surpassing estimates by 4.90%. Sales increased by 11.47% YoY.
Morgan Stanley's strong earnings and sales performance, beating both EPS and revenue estimates, is likely to positively impact its stock price in the short term. The significant YoY sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100