Morgan Stanley Earnings, Revenue Beat in Q2

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Morgan Stanley announced earnings per share of $2.04 on revenue of $13.41B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $10.25B.

Morgan Stanley shares are down 0% from the beginning of the year , still down 10.80% from its 52 week high of $57.57 set on January 17. They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 2.21% from the start of the year.

Morgan Stanley’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.

UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar