Morgan Stanley (NYSE: MS) on Wednesday reported increased revenues and internet revenue for the third quarter of 2024. The newest numbers additionally exceeded analysts’ estimates.
The corporate reported internet revenues of $15.4 billion for the third quarter ended September 30, 2024, in comparison with $13.3 billion within the corresponding interval final 12 months. Revenues got here in above Wall Road’s expectations.
Web revenue relevant to the corporate elevated to $3.2 billion or $1.88 per share within the third quarter from $2.4 billion or $1.38 per share in the identical interval a 12 months in the past. The underside line beat estimates.
