Connect with us

Stocks

Morgan Stanley’s Standing Despite Profit Dilute

Published

on

According to the report for the first quarter earnings, Morgan Stanly still exceed analyst expectations. Stanley beats total expectations despite the huge decrease in profit.

In that said report, the firm showed thinner earnings per share of $0.55 on revenue of $7.88 billion.

Despite the diluted earnings on the report, Stanly were expected to have only earnings per share of $0.47 on revenue of $7.76 billion, according to Bloomberg.

This can be compared to the results from the same quarter last year showing the latest results are still significantly down. Last year’s same quarter showed that Morgan Stanley reported diluted earnings per share earnings of $1.18 on revenue of$9.91 billion.

 

Read more here…

Click to comment

Leave a Reply

Your email address will not be published.

Continue Reading

Subscribe To Our Newsletter:



Copyright © 2020 The Capitalist. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]