Morgan Stanley (MS) Tops Q1 EPS by 23c

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Morgan Stanley First Quarter 2019 Earnings Results

April 17, 2019 7:00 AM EDT

Morgan Stanley Reports Net Revenues of $10.3 Billion and EPS of $1.39

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $10.3 billion for the first quarter ended March 31, 2019 compared with $11.1 billion a year ago. Net income applicable to Morgan Stanley was $2.4 billion, or $1.39 per diluted share,1 compared with net income of $2.7 billion, or $1.45 per diluted share,1 for the same period a year ago. The current quarter included intermittent net discrete tax benefits of $101 million, or $0.06 per diluted share.

James P. Gorman, Chairman and Chief... More