Morgan Stanley (NYSE: MS) reported quarterly earnings of $2.60 per share which beat the analyst consensus estimate of $2.21 by 17.65 percent. This is a 28.71 percent increase over earnings of $2.02 per share from the same period last year. The company reported quarterly sales of $17.70 billion which beat the analyst consensus estimate of $16.57 billion by 6.79 percent. This is a 16.94 percent increase over sales of $15.14 billion the same period last year.