Strong quarter for Morgan Stanley

By: Miguel A. Rodriguez

18:30, 16 April 2021

One of the largest US investment banks posted its promising quarterly results

Morgan Stanley reported first-quarter 2021 EPS and revenue that beat expectations. The company revealed an adjusted EPS of $2.22 on revenues of $15.7 billion. Analysts were expecting an EPS of $1.70 and revenues of $14.1 billion.

Moreover, the investment bank’s revenue jumped 128% to $2.61 billion, leaving far behind the $500 million forecasted, with most of it coming from record equity underwriting revenues.

Despite the better-than-expected results, Morgan Stanley stock price was trading 0.46% lower at the time of writing.


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This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.