Bank of America, Morgan Stanley stocks up on Q1 earnings beat

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Bank Of America Nouvelles

Morgan Stanley,Wall Street Estimates,Madison Mills

Shares of Bank of America (BAC) and Morgan Stanley (MS) are rising Tuesday morning after reporting first quarter earnings. Both companies beat Wall Street...

) are rising Tuesday morning after reporting first quarter earnings. Both companies beat Wall Street estimates for revenue and adjusted earnings per share : Bank of America reported $25.82 billion against a projection of $25.61 billion and took home an adjusted EPS of $0.83 against estimates of $0.77. Morgan Stanley posted revenue of $15.14 billion against estimates of $14.46 billion, and adjusted earnings per share of $2.02 against projections of $1.66.

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