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
What to expect when Signet Jewelers (SIG) reports Q1 earnings
Shares of Signet Jewelers Limited (NYSE: SIG) were over 3% on Monday. The stock has dropped 13% over the past 3 months. The jewelry retailer is set to report its
MDB Infographic: Highlights of MongoDB’s Q1 2024 earnings report
Software company MongoDB, Inc. (NASDAQ: MDB) has announced financial results for the first quarter of 2024, posting an increase in revenues and adjusted profit. The company reported a 29% increase
Campbell Soup to report Q3 results Wednesday. Here’s what to expect
Campbell Soup Company (NYSE: CPB) is coming out of a rough patch after the packaged food company's sales and earnings got affected by the pandemic, due to the widespread movement