Morgan Stanley · MS · Next earnings

Morgan Stanley reports Wednesday, Oct 14, 2026

MS reports before market open with consensus EPS at $3.13 and revenue at $20.36B. Last quarter: Morgan Stanley Posts Record Q2 on $148B Net New Assets, 15% Dividend Hike

Reports Before market open24 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $3.13 Calendar consensus
Consensus revenue $20.36B Calendar consensus
Report date Oct 14, 2026 Wednesday, date estimated
Session Before market open 24 days away

Where MS left off: FY2026 Q2

Full report

Morgan Stanley Posts Record Q2 on $148B Net New Assets, 15% Dividend Hike

EPS surprise +19.7% Reported $3.46 vs $2.89
Revenue surprise +8.5% Reported $21.35B vs $19.67B
Stock move +0.4% Event window
Subsequent drift -6.1% Up to 20 sessions

Management maintained its constructive outlook for the second consecutive quarter. Capex outlook moved from not mentioned in Q1 to explicitly increasing in Q2, framed by the view that the industry is only 10-15% through the AI investment cycle. No explicit change in NII or wealth management margin guidance.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Uncertainty around pace and size of AI capex
  • Geopolitical tensions reshaping supply chains and client activity
  • Potential slowdown in IPO and workplace pipeline
  • Regulatory scrutiny and stress-test outcomes

Questions analysts left open

  • Sustainability of 30%+ pre-tax margin in Wealth Management
  • Whether workplace channel NNA growth has peaked
  • Magnitude and timing of AI capex impact on profitability
  • Durability of equities trading volumes in Asia

Ask FN2 about MS next report

Transcript, numbers and history already loaded
What should I watch for in MS's next earnings report?How did MS guide last quarter, and is consensus above or below that?Give me the bull and bear case going into MS earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the MS recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent MS quarters

All MS earnings
+0.4%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.