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Morgan Stanley's Q1 Profits Drop Despite Beating Estimates.

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Source: Barron's
Morgan Stanley's Q1 Profits Drop Despite Beating Estimates.
Photo: Barron's
TL;DR

Morgan Stanley's first-quarter profit dropped by 19% due to a slowdown in deal making. The company reported earnings of $3 billion, or $1.70 a share, on revenue of $14.5 billion, beating estimates.

Topics:businessfinance#deal-making#earnings#finance#morgan-stanley#profit#revenue
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  1. Morgan Stanley Earnings Beat Estimates. Why the Stock Is Dropping.  Barron's
  2. Deal slump dragged down Morgan Stanley in 1Q  Yahoo Finance
  3. Morgan Stanley beats earnings estimates  CNBC Television
  4. Morgan Stanley Profit Falls 19% on Deal-Making Drought  The Wall Street Journal
  5. Morgan Stanley profits fall 19% in first quarter  Financial Times

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