Morgan Stanley (MS) Q3 2026 earnings

Morgan Stanley is set to report third-quarter earnings before the opening bell Wednesday.

Here’s what Wall Street expects:

• Earnings per share: $2.91, according to LSEG
• Revenue: $19.95 billion
• Investment banking: $2.27 billion
• Trading: Equities of $4.89 billion, fixed income of $2.27 billion

Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue in the quarter, as rivals Goldman Sachs and JPMorgan Chase showed in their reports this week.

Analysts will want to know what CEO Ted Pick has to say on the outlook for mergers and IPOs for the rest of the year amid the churn caused by rising interest rates.

This story is developing. Please check back for updates.