Morgan Stanley Earnings, Revenue beat in Q1 By Investing.com

Morgan Stanley (NYSE:MS) reported on Friday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Morgan Stanley announced earnings per share of $2.22 on revenue of $15.72B. Analysts polled by Investing.com anticipated EPS of $1.72 on revenue of $13.95B.

Morgan Stanley shares are up 17% from the beginning of the year and are trading at $81.65 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.03% from the start of the year.

Morgan Stanley shares gained 1.03% in pre-market trade the report.

Morgan Stanley follows other major Financial sector earnings this month

Morgan Stanley’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.06 on revenue of $30.46B.

UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.38 on revenue of $69.03B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar