Morgan Stanley: Q1 EPS Beats Estimates

Financial services giant Morgan Stanley (NYSE:MS) reported first-quarter earning Friday, April 11, that topped analysts' consensus estimates. Earnings per diluted share (EPS) of $2.60 were notably higher than the forecasted $2.21. Total Q1 revenue of $17.7 billion exceeded the estimated $16.54 billion. This quarter generally showed strong execution across various business segments, with notable growth in Institutional Securities and Wealth Management, despite a rise in expenses and credit provisions. Management's lack of specific forward guidance for Q2 and 2025 was concerning, however.Source: Morgan Stanley. Analyst estimates for the quarter provided by FactSet. YOY = Year over year. ROTCE = Return on tangible common equity. pps = percentage points.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool