Morgan Stanley Exceeds Expectations with Record Wealth Management Revenue
Morgan Stanley surpassed analysts’ expectations with its second-quarter earnings and revenue announcement. The company reported earnings of $1.24 per share, exceeding the estimated $1.15 per share by Refinitiv. Additionally, revenue reached $13.46 billion, surpassing the expected $13.08 billion. Despite a 13% decline in profit to $2.18 billion, attributed to lower trading results compared to the … Read more