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Morgan Stanley, quarter beyond expectations: profit at 0,44 dollars per share

Revenues rose to 7,9 billion, from 5,3 billion recorded in the same period of 2012 – The higher-than-expected result pushes the stock up by 4,6% in the pre-stock market.

Morgan Stanley, quarter beyond expectations: profit at 0,44 dollars per share

Morgan Stanley ended the third quarter with a earnings of $0,44 per share, a result that rises to $0,45 if extraordinary items are taken into account. THE revenues they rose to 7,9 billion, from the 5,3 billion recorded in the same period of 2012. This was announced by the investment bank. Thomson Reuters estimates were EPS of $0,40 and revenues of $7,7 billion.

The higher-than-expected result pushes the stock up 4,6% in the pre-stock market. On the capital front, at the end of September the Tier 1 common ratio was around 12,6% (from 11,8% at the end of the second quarter) and the Tier 1 capital ratio based on Basel I stood at around 15,3, 14,1% from 30% as at 2013 June XNUMX.

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