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Morgan Stanley reports Q4 EPS 85c, consensus 92c

Reports Q4 revenue $12.9B, consensus $11.63B. Reports Q4 tangible book value per share $40.89. Reports Q4 ROTCE 8.4%. Ted Pick, CEO, said, “In 2023, the Firm reported a solid ROTCE against a mixed market backdrop and a number of headwinds. We begin 2024 with a clear and consistent business strategy and a unified leadership team. We are focused on achieving our long-term financial goals and continuing to deliver for shareholders.”

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