Morgan Stanley reported third-quarter earnings applicable to common shareholders of $1.69 billion, or 93 cents per share, compared to $1.52 billion, or 81 cents per share, in the year-ago quarter.
The S&P Capital IQ consensus GAAP EPS estimate for the quarter was 81 cents.
Consolidated net revenues for the quarter increased 3% year over year to $9.20 billion from $8.91 billion.
The company reported investment banking revenues of $1.38 billion for the third quarter, up 13% from $1.23 billion in the year-ago quarter.
More details to follow.