Morgan Stanley Q2 EPS $1.85 Beats $1.65 Estimate, Sales $14.80B Beat $13.96B Estimate

Morgan Stanley (NYSE:MS) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.65 by 12.12 percent. This is a 5.61 percent decrease over earnings of $1.96 per share from the same period last year. The company reported quarterly sales of $14.80 billion which beat the analyst consensus estimate of $13.96 billion by 6.02 percent. This is a 10.33 percent increase over sales of $13.41 billion the same period last year.