Investing.com - Morgan Stanley (NYSE:MS) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.73 on revenue of $8.55B. Analysts polled by Investing.com expected EPS of $0.9 on revenue of $9.35B. That compared to EPS of $0.84 on revenue of $11.09B in the same period a year earlier. The company had reported EPS of $1.17 on revenue of $9.87B in the previous quarter.
For the year, Morgan Stanley shares are up 12.21%, outperforming the S&P Global (NYSE:SPGI) 100 which is up 3% year to date.
Morgan Stanley follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.9B.
Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.36B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar