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Morgan Stanley announced earnings per share of $1.81 on revenue of $13.64B. Analysts polled by Investing.com anticipated EPS of $1.3 on revenue of $11.5B.
Morgan Stanley shares are up 9% from the beginning of the year, still down 2.80% from its 52 week high of $77.15 set on January 12. They are outperforming the S&P 500 which is up 1.14% from the start of the year.
Morgan Stanley shares gained 2.52% in pre-market trade following the report.
Morgan Stanley’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on Wednesday with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.97B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
