BUZZ-Morgan Stanley beats Q1 profit estimates; shares fall

Reuters
04-11
BUZZ-<a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> beats Q1 profit estimates; shares fall

Updates

** Morgan Stanley's MS.N Q1 profit beats estimates helped by record equity trading and strong wealth management results

** Shares of the bank, however, fall 1.2% to $105.30

** Reports profit of $4.3 billion, or $2.60 per share, vs $3.4 billion, or $2.02 per share, a year ago

** Analysts, on average, expected EPS of $2.20 - data compiled by LSEG

** As of last close, stock down 15.2% YTD

(Reporting by Jaiveer Singh Shekhawat and Ateev Bhandari in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))

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