Morgan Stanley (MS) Misses Q4 EPS by 19c

Morgan Stanley (NYSE: MS) reported Q4 EPS of $0.73, $0.19 worse than the analyst estimate of $0.92. Revenue for the quarter came in at $8.5 billion versus the consensus estimate of $9.43 billion.

James P. Gorman, Chairman and Chief Executive Officer, said, “In 2018 we achieved record revenues and earnings, and growth across each of our business segments – despite a challenging fourth quarter. We delivered higher annual returns, producing an ROE of 11.8% and ROTCE of 13.5%, as we continued to invest in our businesses. While the global environment remains uncertain, our franchise is strong and we are well positioned to pursue growth opportunities and serve our clients.”

For earnings history and earnings-related data on Morgan Stanley (MS) click here.

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