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Stock impact report

Morgan Stanley tops quarterly estimates as equity trading revenue surges 45% [MSNBC.com]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: MSNBC.com
In this articlePeople walk out of the Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.Spencer Platt | Getty ImagesHere's what the company reported:: $2.60 a share vs. $2.20 a share LSEG estimateThe company said earnings rose 26% to $4.32 billion, or $2.60 per share, while revenue rose 17% to a record $17.74 billion.Equity trading was the standout this quarter, as revenues jumped 45% to $4.13 billion, about $840 million more than the StreetAccount estimate.Morgan Stanley said that its equity results were strong across its franchise, but particularly in Asia and in operations catering to hedge funds "driven by strong client activity amid a more volatile trading environment."Elsewhere, the company mostly met expectations.Fixed income trading rose 5% to $2.6 billion, essentially matching the StreetAccount estimate. Investment banking rose 8% to $1.56 billion, just under the $1.61 billion estimate. management revenue rose 6% to $7.33 billion, matching th Show less Read more
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