Morgan Stanley (MS) Reports Q1 EPS of $0.99

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Go back to Morgan Stanley (MS) Reports Q1 EPS of $0.99

Morgan Stanley Reports Net Revenues of $9.5 Billion and EPS of $1.01

April 16, 2020 7:15 AM EDT

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $9.5 billion for the first quarter ended March 31, 2020 compared with $10.3 billion a year ago. Net income applicable to Morgan Stanley was $1.7 billion, or $1.01 per diluted share,1 compared with net income of $2.4 billion, or $1.39 per diluted share,1 for the same period a year ago.

James P. Gorman, Chairman and Chief Executive Officer, said, Over the past two months, we have witnessed more market volatility, uncertainty and anxiety as a result of the devastating COVID-19... More