MS earnings 2Q 2021 beat estimates
MS earnings 2Q 2021 beat estimates
Morgan Stanley on Thursday posted second-quarter profit and revenue that exceeded analysts’ expectations on strength in equities trading and investment banking.
Here’s how the bank did:
Earnings: $1.85 a share vs. the $1.65 estimate of analysts surveyed by Refinitiv.
Revenue: $14.8 billion vs. the $13.98 billion estimate.
While rival banks reported a steep slowdown in fixed-income trading revenue…
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