Morgan Stanley (MS) Tops Q4 EPS by 21c
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Morgan Stanley Fourth Quarter and Full Year 2019 Earnings Results
January 16, 2020 7:15 AM ESTMorgan Stanley Reports Fourth Quarter Net Revenues of $10.9 Billion and EPS of $1.30; Full Year Net Revenues of $41.4 Billion and EPS of $5.19
NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $10.9 billion for the fourth quarter ended December 31, 2019 compared with $8.5 billion a year ago. Net income applicable to Morgan Stanley was $2.2 billion, or $1.30 per diluted share,1 compared with net income of $1.5 billion, or $0.80 per diluted share,1 for the same period a year ago. The current quarter included an intermittent net discrete tax benefit of $158 million or... More
