NEW YORK (AP) — NEW YORK (AP) — Morgan Stanley (MS) on Thursday reported fourth-quarter earnings of $4.4 billion.

The company, based in New York, said it had earnings of $2.68 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.41 per share.

The investment bank posted revenue of $29.99 billion in the period. Its revenue net of interest expense was $17.89 billion, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $17.32 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MS at https://www.zacks.com/ap/MS