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Morgan Stanley Q3 Income Declines

Morgan Stanley (MS) released a profit for third quarter that decreased from last year

The company's bottom line totaled $2.49 billion, or $1.47 per share. This compares with $3.58 billion, or $1.98 per share, in last year's third quarter.

The company's revenue for the quarter fell 11.9% to $12.99 billion from $14.75 billion last year.

Morgan Stanley earnings at a glance (GAAP) :

-Earnings (Q3): $2.49 Bln. vs. $3.58 Bln. last year.
-EPS (Q3): $1.47 vs. $1.98 last year.
-Revenue (Q3): $12.99 Bln vs. $14.75 Bln last year.

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