Morgan Stanley (MS) earnings Q2 2026
Ted Pick, CEO Morgan Stanley, speaks on CNBC’s Squawk Box during the World Economic Forum Annual Meeting in Davos, Switzerland, on January 18, 2024.
Adam Galici | CNBC
Morgan Stanley On Wednesday, it reported record second-quarter revenue and profit, driven by a 69% increase in stock trading revenue.
Here’s what the company reported:
- Earnings per share: LSEG estimate $3.46 and $2.94
- Revenues: Estimate of $21.35 billion to $19.64 billion
Increasing activity fueled by the global artificial intelligence boom led JPMorgan and Goldman to beat stock trading estimates by a combined $4.4 billion, while investment banking at the two firms beat estimates by a combined $1 billion.
Analysts will want to know what CEO Ted Pick has to say about the outlook for the rest of the year as geopolitical tensions remain high.
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