Morgan Stanley Q4 adjusted earnings Beat Estimates

Morgan Stanley (MS) announced earnings for its fourth quarter that increased from the same period last year.

The company's bottom line came in at $3.27 billion, or $1.81 per share. This compares with $2.09 billion, or $1.30 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 25.6% to $13.64 billion from $10.86 billion last year.

Morgan Stanley earnings at a glance:

-EPS (Q4): $1.92 vs. $1.30 last year.
-Analysts Estimate: $1.27
-Revenue (Q4): $13.64 Bln vs. $10.86 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT