Morgan Stanley Earnings Beat Expectations
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analyst expectationsCNBC
•Morgan Stanley tops estimates on strong equities and fixed income trading revenue
75% Informative
There are beats across the board for Morgan Stanley , a top line beat and a bottom line beat coming in for revenue for the quarter , 16.2 billion compared to analyst estimates of 15 billion .
Institutional securities, which houses investment banking and sales and trading well above analyst expectations.
Investment banking fees were up 25% on higher completed MA and follow on transactions within equity underwriting, fixed income trading up 35% .
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