NEW YORK (AP) — NEW YORK (AP) — Morgan Stanley (MS) on Wednesday reported second-quarter earnings of $3.54 billion.

The New York-based company said it had earnings of $2.13 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.

The investment bank posted revenue of $29.35 billion in the period. Its revenue net of interest expense was $16.79 billion, also topping Street forecasts. Six analysts surveyed by Zacks expected $15.92 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

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