Morgan Stanley's 4th-quarter earnings beat expectations as annual revenues hit record high despite gloom in wider economy

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Morgan Stanley's 4th-quarter results beat estimates, highlighting the resilience of the Wall Street giants despite the economic gloom over the US.

Morgan Stanley beat Wall Street expectations with its 4th-quarter earnings, posting a profit of $3.4 billion in the final quarter of the year as trading thrived and the economic outlook brightened.on Wednesday, up from $1.30 a year earlier and beating expectations for $1.27.

"The firm produced a very strong quarter and record full-year results, with excellent performance across all three businesses and geographies," said chairman and chief executive James Gorman.GOLDMAN SACHS: Buy these 25 stocks best-positioned to juice profits in 2021 as stimulus and vaccine progress spur economic growth

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités