Investing.com – Morgan Stanley (NYSE:MS) reported on Thursday second quarter earnings that beat analysts forecasts and revenue that topped expectations.
Morgan Stanley announced earnings per share of $2.04 on revenue of $13.41B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $10.25B.
Morgan Stanley shares are down 0% from the beginning of the year , still down 10.80% from its 52 week high of $57.57 set on January 17. They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 2.21% from the start of the year.
Morgan Stanley follows other major Financial sector earnings this month
Morgan Stanley’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar