Morgan Stanley (NYSE: MS) on Wednesday reported greater revenues and web revenue for the third quarter of 2024. The newest numbers additionally exceeded analysts’ estimates.
The corporate reported web revenues of $15.4 billion for the third quarter ended September 30, 2024, in comparison with $13.3 billion within the corresponding interval final yr. Revenues got here in above Wall Road’s expectations.
Web earnings relevant to the corporate elevated to $3.2 billion or $1.88 per share within the third quarter from $2.4 billion or $1.38 per share in the identical interval a yr in the past. The underside line beat estimates.