Morgan Stanley press release (NYSE:MS): Q2 GAAP EPS of $2.13 beats by $0.17.
Revenue of $16.79B (+11.8% Y/Y) beats by $760M.
Net revenues for the second quarter were $16.8 billion, demonstrating the strength of our Integrated Firm with contributions across our business segments amidst a mixed market backdrop.
Investment Management results reflect net revenues of $1.6 billion, primarily driven by asset management fees on higher average AUM. The quarter included positive long-term net flows of $11 billion.
