Quick answer
Morgan Stanley (MS) reported earnings of $3.03 per share for the quarter ended Sep 2026 on Oct 14, 2026, which beat the $2.83 consensus forecast by 7.1%. The stock closed -2.7% on the report day ($181.51 vs $186.64 the session before) and is -3.3% through Oct 16, 2026.
EPS (Sep 2026)$3.03
Consensus$2.83
Surprise+7.1%
Report-day move-2.7%
EPS vs consensus, last four quarters
| Quarter ended | Reported | EPS | Consensus | Surprise |
|---|---|---|---|---|
| Sep 2026 | 10/14/2026 | $3.03 | $2.83 | +7.1% |
| Jun 2026 | 7/15/2026 | $3.46 | $2.89 | +19.7% |
| Mar 2026 | 4/15/2026 | $3.43 | $3.06 | +12.1% |
| Dec 2025 | 1/15/2026 | $2.68 | $2.41 | +11.2% |
MS beat the consensus EPS forecast in 4 of the last 4 quarters (Nasdaq / Zacks data).
Revenue by quarter (SEC XBRL, RevenuesNetOfInterestExpense)
| Quarter | Revenue | Year earlier | YoY | Filing |
|---|---|---|---|---|
| Jan 1, 2025 – Mar 31, 2025 | $17.74B | $15.14B | +17.2% | 10-Q filed May 5, 2026 |
| Apr 1, 2025 – Jun 30, 2025 | $16.79B | $15.02B | +11.8% | 10-Q filed Aug 4, 2026 |
| Jul 1, 2025 – Sep 30, 2025 | $18.22B | $15.38B | +18.5% | 10-Q filed Nov 3, 2025 |
| Jan 1, 2026 – Mar 31, 2026 | $20.58B | $17.74B | +16.0% | 10-Q filed May 5, 2026 |
| Apr 1, 2026 – Jun 30, 2026 | $21.35B | $16.79B | +27.1% | 10-Q filed Aug 4, 2026 |
Diluted EPS as filed with the SEC
| Quarter | Diluted EPS | Filing |
|---|---|---|
| Jan 1, 2025 – Mar 31, 2025 | $2.60 | 10-Q filed May 5, 2026 |
| Apr 1, 2025 – Jun 30, 2025 | $2.13 | 10-Q filed Aug 4, 2026 |
| Jul 1, 2025 – Sep 30, 2025 | $2.80 | 10-Q filed Nov 3, 2025 |
| Jan 1, 2026 – Mar 31, 2026 | $3.43 | 10-Q filed May 5, 2026 |
| Apr 1, 2026 – Jun 30, 2026 | $3.46 | 10-Q filed Aug 4, 2026 |
SEC XBRL figures come from 10-Q/10-K filings, so the newest quarter appears only after the 10-Q is filed; reported quarterly values only (no derived Q4).
Stock reaction
| Date | Close | Change vs pre-report close | |
|---|---|---|---|
| Session before report | Oct 13, 2026 | $186.64 | – |
| Report day | Oct 14, 2026 | $181.51 | -2.75% |
| Next session | Oct 15, 2026 | $182.10 | -2.43% |
Nasdaq does not always state whether the report came before the open or after the close, so both the report-day and next-session moves are shown.
Sources
- SEC XBRL: Morgan Stanley RevenuesNetOfInterestExpense (latest filing Aug 4, 2026)
- SEC XBRL: Morgan Stanley diluted EPS (latest filing Aug 4, 2026)
- Nasdaq: MS earnings surprise history and next date (retrieved Oct 19, 2026)
- Nasdaq: MS historical prices (through Oct 16, 2026 close)