On Jan 15, 2026, MS reported earnings of 2.68 USD per share (EPS) for Q4 25, beating the estimate of 2.50 USD, resulting in a 6.78% surprise. Revenue reached 17.89 billion, compared to an expected 18.31 billion, with a -2.27% difference. The market reacted with a +5.78% price change (close before vs. close after earnings).
Looking ahead to Q1 26, 21 analysts forecast an EPS of 3.02 USD, with revenue projected to reach 19.85 billion USD, implying an increase of 12.69% EPS, and increase of 10.96% in Revenue from the last quarter.
Industry Peers’ Earnings
Industry Peers' Earnings displays EPS earnings data from companies in the same industry. Click on a card to view more details.
Raymond James Financial, Inc.
Report Date
Jan 28, 2026 For Q1 26
Estimate
$2.90
Actual
$2.86
Surprise
-1.56%
LPL Financial Holdings Inc.
Report Date
Jan 29, 2026 For Q4 25
Estimate
$5.03
Actual
$5.23
Surprise
+3.95%
Nomura Holdings, Inc
Report Date
Jan 30, 2026 For Q3 26
Estimate
$34.32
Actual
$27.74
Surprise
-26.13%
Tradeweb Markets Inc. Class A Common Stock
Report Date
Feb 05, 2026 For Q4 25
Estimate
$0.87
Actual
$0.87
Surprise
0.00%
Evercore Inc.
Report Date
Feb 04, 2026 For Q4 25
Estimate
$4.08
Actual
$5.13
Surprise
+25.67%
Stifel Financial Corp.
Report Date
Jan 28, 2026 For Q4 25
Estimate
$2.58
Actual
$2.63
Surprise
+1.86%
MarketAxess Holdings Inc.
Report Date
Feb 06, 2026 For Q4 25
Estimate
$1.67
Actual
$1.68
Surprise
+0.07%
Piper Sandler Companies
Report Date
Feb 06, 2026 For Q4 25
Estimate
$4.89
Actual
$6.88
Surprise
+40.50%
MOELIS & COMPANY
Report Date
Feb 04, 2026 For Q4 25
Estimate
$0.84
Actual
$1.12
Surprise
+34.11%
FAQ
What were Morgan Stanley's earnings and revenue for the latest quarter Q4 2025?
For Q4 2025, Morgan Stanley reported EPS of $2.68, beating estimates by 6.78%, and revenue of $17.89B, -2.27% below expectations.
How did the market react to Morgan Stanley's Q4 2025 earnings?
The stock price moved up 5.78%, changed from $180.78 before the earnings release to $191.23 the day after.
When is Morgan Stanley expected to report next?
The next earning report is scheduled for Apr 15, 2026.
What are the forecasts for Morgan Stanley's next earnings report?
Based on 21
analysts, Morgan Stanley is expected to report EPS of $3.02 and revenue of $19.85B for Q1 2026.