Morgan Stanley, with a market cap of $253.7 billion, is a major financial institution offering a range of services globally. Analysts expect earnings of $2.03 per share in the upcoming report, an 8% increase from the previous year. The stock has risen 55.3% in the past year, outperforming peers and benchmarks.

In the second quarter, Morgan Stanley beat Wall Street expectations with net revenue of $16.8 billion and earnings per share of $2.13. Despite strong results, shares slipped due to a drop in investment banking revenue. Analysts remain cautiously bullish on the stock, with a mix of “Strong Buy,” “Moderate Buy,” and “Hold” ratings.

Looking ahead, earnings are projected to rise 11.5% to $8.86 per share in fiscal 2025, followed by an 8.1% gain in fiscal 2026. While shares trade above the average price target, the highest target of $165 suggests potential for a 3.8% increase. Morgan Stanley is set to report its third-quarter earnings on October 15 before the market opens.

Read more at Yahoo Finance: What You Need to Know Ahead of Morgan Stanley’s Earnings Release