Stock AnalizMorgan Stanley (MS) earnings for the quarter ended September 2026: EPS beats estimates
Morgan Stanley reported results for the quarter ended September 2026 on October 14, 2026. Adjusted earnings per share came in at $3.03 against the analysts’ average forecast of $2.92, a beat of 3.7%.
Revenue for the quarter was $20.34 billion, up 11.6% from $18.22 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 2.8% on the first trading day after the report.
The last four quarters
Morgan Stanley has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $3.03 | $2.92 | +3.7% | +12% | −2.8% |
| Jun 2026 | $3.46 | $2.93 | +17.9% | +7% | −4.1% |
| Mar 2026 | $3.43 | $3.02 | +13.7% | +11% | +2.2% |
| Dec 2025 | $2.68 | $2.45 | +9.4% | +11% | +4.6% |
What comes next
Analysts expect EPS of $2.94 for the next quarter on average and $12.91 for the fiscal year ending December 31, 2026.
The average analyst price target is $211.50, 11% above the current price of $190.65.
Valuation and score
Morgan Stanley scores 2.0 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 15.1, and its intrinsic value under moderate assumptions is about 0% above the current market value. Full Morgan Stanley analysis with 10 years of financials
Frequently asked questions
What was Morgan Stanley’s EPS for the quarter ended September 2026?
$3.03 adjusted per share, against an analyst consensus of $2.92.
How much revenue did Morgan Stanley report?
$20.34 billion, up 11.6% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.