MS earnings 2Q 2021


James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, May 30, 2019.

Giulia Marchi | Bloomberg | Getty Images

Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday.

Here’s what Wall Street expects:

Earnings: $1.65 a share, 16% lower than a year earlier, according to Refinitiv.

Revenue: $13.98 billion, 4.2% higher than a year earlier.

Wealth management: $5.9 billion, according to FactSet.

Trading: Equities $2.4 billion, Fixed Income $2 billion.

Investment Banking: $2.1 billion

Morgan Stanley may be ideally suited for the moment.

While rival banks reported a steep slowdown in fixed…

Source cnbc.com

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