Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights of Morgan Stanley (MS) Q2 2022 earnings report
Banking giant Morgan Stanley (NYSE: MS) on Thursday reported lower earnings and revenues for the second quarter of 2022. The company’s stock dropped soon after the announcement.
Net income applicable to shareholders was $2.39 billion or $1.39 per share in the second quarter of 2022, compared to $3.41 billion or $1.85 per share in the same period a year ago. Adjusted earnings dropped to $1.44 per share from $1.89 per share last year.
The bottom line was hurt by an11% decrease in revenues to $13.13 billion. The company delivered ROTCE of 13.8%, or 14.3% excluding the impact of integration-related expenses.
Check this space to read management/analysts’ comments on Morgan Stanley’s Q2 2022 earnings
Shares of Morgan Stanley declined early Thursday following the earnings announcement, after closing the last session lower.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and
