Categories AlphaGraphs, Earnings, Finance

MS Earnings: Morgan Stanley Q3 2024 revenue and earnings beat estimates

Morgan Stanley (NYSE: MS) on Wednesday reported higher revenues and net profit for the third quarter of 2024. The latest numbers also exceeded analysts’ estimates.

Morgan Stanley Q3 2024 earnings infographic

The company reported net revenues of $15.4 billion for the third quarter ended September 30, 2024, compared to $13.3 billion in the corresponding period last year. Revenues came in above Wall Street’s expectations.

Net income applicable to the company increased to $3.2 billion or $1.88 per share in the third quarter from $2.4 billion or $1.38 per share in the same period a year ago. The bottom line beat estimates.

Prior Performance

  • Morgan Stanley Q1 2024 earnings infographic

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