Morgan Stanley First Quarter 2021 Earnings Results
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Morgan Stanley (MS) Archegos-Related Loss Appears to be $911M
April 16, 2021 7:58 AM EDTMorgan Stanley's (NYSE: MS) loss related to the blow-up of Bill Hwang's Archegos Capital appears to be $911 million.
While not naming the client, Morgan Stanley disclosed with today's quarterly report that: "The current quarter includes a loss of $644 million related to a... More
Morgan Stanley (MS) Reports $911 Million Loss from Archegos
April 16, 2021 7:49 AM EDT(Updated - April 16, 2021 7:50 AM EDT)
Morgan Stanley (NYSE: MS) disclosed a loss of $911 million during the first quarter from a "credit event" and trading losses believed to be Archegos-related.
Morgan Stanley disclosed:
"Equity net revenues increased from a year ago reflecting strong... More
Morgan Stanley (MS) Tops Q1 EPS by 52c
April 16, 2021 7:31 AM EDTMorgan Stanley (NYSE: MS) reported Q1 EPS of $2.22, $0.52 better than the analyst estimate of $1.70. Revenue for the quarter came in at $15.7 billion versus the consensus estimate of $14.09 billion.
For earnings history and earnings-related data on Morgan Stanley (MS) click here.
... More