Morgan Stanley's Profit More Than Doubles on Boost From Dealmaking, Stock Sales
Profit more than doubled from a year ago to $3.7 billion, or $2.22 per share, for the three months ended Dec. 31, compared with $1.5 billion, or 85 cents per share, a year earlier. Analysts, on average, had expected $1.7 per share, according to estimates compiled by LSEG.
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Morgan Stanley (NYSE:MS), a leading global financial services firm with a substantial market capitalization of $220.72 billion, has been navigating a complex financial landscape with resilience ...
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Morgan Stanley (MS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
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