Morgan Stanley GAAP EPS of $1.88 beats by $0.30, revenue of $15.38B beats by $1.09B
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1 month ago
- Morgan Stanley press release (NYSE:MS): Q3 GAAP EPS of $1.88 beats by $0.30.
- Revenue of $15.38B (+15.9% Y/Y) beats by $1.09B.
- • The Firm expense efficiency ratio was 72% for both thethird quarter and year-to-date, benefiting from our scaleand disciplined expense management while maintainingstrong infrastructure to support ongoing growth.
- Investment Management results reflect net revenues of$1.5 billion, primarily driven by asset managementrevenues on higher average AUM. The quarter includedpositive long-term net flows of $7 billion and end-of-periodAUM of $1.6 trillion