Morgan Stanley Earnings, Revenue miss In Q3

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Morgan Stanley Earnings, Revenue miss In Q3
Credit: © Reuters.

Investing.com - Morgan Stanley (NYSE: MS ) reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Morgan Stanley announced earnings per share of $1.47 on revenue of $13.00. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $13.23B.

Morgan Stanley shares are down 19% from the beginning of the year and are trading at $80.51 , down-from-52-week-high.

Morgan Stanley shares gained 1.50% in pre-market trade the report.

Morgan Stanley follows other major Financial sector earnings this month

Morgan Stanley's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.11B.

Wells Fargo&Co had beat expectations on Friday with third quarter EPS of $1.3 on revenue of $19.51B, compared to forecast for EPS of $1.1 on revenue of $18.75B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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