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Morgan Stanley Exceeds Earnings Expectations
Morgan Stanley reported a quarterly earnings per share (EPS) of $3.03 in Q3 2026, surpassing the expected $3.01. Total revenue reached $20.34 billion, above the forecasted $19.89 billion. Wealth Management net revenue was $9.07 billion, slightly below expectations, while Equities Sales & Trading revenue was $5.80 billion, exceeding forecasts at $4.90 billion. FICC Sales & Trading revenue was $2.01 billion, below the expected $2.22 billion.