Morgan Stanley (MS) reported Q1 earnings Friday of $2.60 per diluted share, up from $2.02 a year earlier.
Analysts polled by FactSet expected $2.18.
Net revenue for the quarter ended March 31 was $17.74 billion, compared with $15.14 billion a year earlier.
Analysts surveyed by FactSet expected $16.54 billion.
Morgan Stanley shares were 2.2% higher in recent premarket trading.
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