Updated
Updated · CNBC · Jul 15
Morgan Stanley Faces $2.94 EPS Test on $19.64 Billion Q2 Revenue
Updated
Updated · CNBC · Jul 15

Morgan Stanley Faces $2.94 EPS Test on $19.64 Billion Q2 Revenue

1 articles · Updated · CNBC · Jul 15

Summary

  • Morgan Stanley reports second-quarter results before Wednesday's opening bell, with Wall Street expecting $2.94 a share in earnings and $19.64 billion in revenue.
  • StreetAccount forecasts point to strength in market-sensitive businesses: investment banking revenue of $2.17 billion, equities trading of $4.41 billion and fixed-income trading of $2.49 billion.
  • JPMorgan Chase and Goldman Sachs already posted stronger-than-expected trading and investment-banking results, suggesting Morgan Stanley could also benefit from the same AI-driven surge in client activity.
  • Ted Pick's outlook for the rest of 2026 may carry added weight as investors gauge whether elevated dealmaking and trading can persist despite high geopolitical tensions.

Insights

Beyond the AI hype, where will Morgan Stanley find its next major growth engine amid global instability?
With AI profits soaring, how is Morgan Stanley preparing for a potential bust in the tech investment boom?
How can markets remain optimistic about AI while global energy supplies face unprecedented geopolitical threats?