Morgan Stanley (NYSE:MS) released its earnings numbers for the third quarter of 2013 this morning before the bell rang on Wall Street. The investment bank showed earnings of $0.50 per share for the three months on revenue totaling $$8.1 billion. Stock in Morgan Stanley will open later this morning at $28.93 per share. In the run up to this morning’s release Bloomberg’s consensus earnings estimate from 18 analysts stood at 41 cents per share. The bank was expected to have taken in revenue of $7.5 billion in the three months ending September 30. In the same quarter of 2012 Morgan…
Morgan Stanley Earnings Beat Big, Shares Rise Pre-Market
HFA Staff
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