Morgan Stanley Climbs With Q4 EPS Beat

Multinational investment bank and financial services giant Morgan Stanley (NYSE:MS) delivered an impressive performance in its fourth quarter of 2024. As reported on Thursday, Jan. 16, the firm's earnings significantly exceeded expectations, with an EPS of $2.22 against analysts' consensus predictions of $1.70. Revenue rose nearly 26% to $16.2 billion, outstripping the anticipated $15.03 billion. Quarterly profit more than doubled to $3.71 billion, from a year earlier when it had a pair of regulatory charges.

Overall, the quarter demonstrated robust financial health for the company, fueled by strong performance across key business segments.

Source: Morgan Stanley. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = percentage points.

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Source Fool.com