Categories AlphaGraphs, Earnings, Finance

Infographic: Morgan Stanley (MS) Q1 2020 Earnings Results

Morgan Stanley (NYSE: MS) reported its financial results for the quarter ended March 31, 2020 today.

Morgan Stanley posted a 30% drop in earnings due to lower top-line growth. Over the past two months, the company has witnessed more market volatility, uncertainty and anxiety as a result of the devastating COVID-19 than at any time since the financial crisis.

Morgan Stanley (MS) Q1 2020 earnings review

The company has voluntarily ceased its share repurchase program in the first quarter to better support clients with lending and other services during the global pandemic. The Institutional Securities segment experienced the impact of the deterioration of credit in the global markets while market headwinds impacted Wealth Management. The decline in global asset prices hurt the Investment Management segment.

Past Performance

Most Popular

PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates

Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core

AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results

American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher

Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers

Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top