Morgan Stanley (NYSE: MS) reported quarterly earnings of $3.46 per share which beat the analyst consensus estimate of $2.91 by 18.9 percent. This is a 62.44 percent increase over earnings of $2.13 per share from the same period last year. The company reported quarterly sales of $21.348 billion which beat the analyst consensus estimate of $19.637 billion by 8.71 percent. This is a 27.13 percent increase over sales of $16.792 billion the same period last year.