Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Morgan Stanley (NYSE:MS) reported third-quarter earnings of $1.27 per share on Thursday, beating the analyst consensus estimate of $1.11.
This is an 8.55% increase over earnings of $1.17 per share in the same period last year.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The company reported quarterly sales of $10.03 billion, beating the analyst consensus estimate of $9.6 billion by 4.48%. This is a 1.6% increase over sales of $9.872 billion in the same period last year.
"We delivered strong quarterly earnings despite the typical summer slowdown and volatile markets,” CEO James Gorman said in a statement.
“Firmwide revenues were over $10 billion for the third consecutive quarter, and we produced an ROE within our target range. Our consistent performance shows the stability of our business model. We remain committed to controlling our expenses and are well-positioned to pursue our growth initiatives."
Morgan Stanley shares were trading 3.76% higher at $44.40 at the time of publication during Thursday's premarket session. The stock has a 52-week high of $48.66 and a 52-week low of $36.74.
Related Links:
Morgan Stanley Reports Q2 Earnings Beat
JPMorgan, Citigroup, Goldman Sachs, Wells Fargo Post Mixed Earnings
Photo by Ajay Suresh via Wikimedia.
.jpg){kind=link}
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.