Morgan Stanley (MS) reported that, excluding integration-related expenses, earnings per share in the fourth quarter was $1.31 compared to $2.08, a year ago. The company noted that its fourth quarter was also impacted by severance costs of $133 million associated with a December employee action, partially offset by a net discrete tax benefit of $89 million. Analysts on average had expected the company to earn $1.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
from RTT - Earnings https://ift.tt/Xqx1dSl
via IFTTT
No comments:
Post a Comment