Morgan Stanley (MS) Tops Q2 EPS by 9c

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Morgan Stanley Second Quarter 2019 Earnings Results

July 18, 2019 7:30 AM EDT

Morgan Stanley Reports Net Revenues of $10.2 Billion and EPS of $1.23

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $10.2 billion for the second quarter ended June 30, 2019 compared with $10.6 billion a year ago. Net income applicable to Morgan Stanley was $2.2 billion, or $1.23 per diluted share,1 compared with net income of $2.4 billion, or $1.30 per diluted share,1 for the same period a year ago.

James P. Gorman, Chairman and Chief Executive Officer, said, We reported solid quarterly results across all our businesses. Firmwide revenues were... More