Morgan Stanley (NYSE:MS) Q3 2025 Earnings Beat Estimates, Sending Shares Higher

Morgan Stanley (NYSE:MS) released its financial results for the third quarter of 2025, delivering a performance that notably surpassed analyst expectations on key profitability and revenue metrics. The earnings report, made available on the firm's investor relations website, has prompted a significant positive reaction in pre-market trading, indicating strong investor approval of the quarterly figures.

Earnings and Revenue Analysis

The core of the earnings beat centers on both top-line revenue and bottom-line earnings per share. The reported figures demonstrate a clear outperformance against the consensus estimates held by market analysts.

• Reported Revenue: $18.22 billion
• Estimated Revenue: $17.20 billion
• Reported Non-GAAP EPS: $2.80
• Estimated Non-GAAP EPS: $2.17

The company's ability to generate revenue approximately $1 billion above expectations, coupled with an earnings per share beat of $0.63, points to stronger-than-anticipated operational performance across its business segments. This significant earnings surprise of nearly 30% is a primary driver behind the market's positive sentiment.

Market Reaction

The immediate market response to the earnings release has been decisively positive. In pre-market trading, Morgan Stanley stock is up approximately 3.65%. This upward movement represents a sharp reversal from the stock's recent trajectory, which had seen slight declines over the past week and month. The robust pre-market gain suggests that investors are rewarding the company for its substantial earnings beat and viewing the results as a strong indicator of financial health and effective management execution.

Press Release Summary

The official press release from Morgan Stanley served as a formal announcement that the third quarter 2025 results are available. It provided logistical details for investors, including the notification that the results have been posted to the firm's Investor Relations website and will be formally filed with the SEC on a Form 8-K. The release also announced a conference call scheduled for 9:30 a.m. ET to allow management to discuss the results in detail with analysts and investors. The press release did not include a specific financial outlook or guidance for future quarters from the company's management.

Looking Ahead

While the current quarter's results were strong, investor attention will now turn to the company's ability to maintain this momentum. Analyst estimates for the upcoming fourth quarter of 2025 project revenue of approximately $17.10 billion and earnings per share of around $2.20. For the full 2025 fiscal year, analysts are estimating sales of $69.47 billion and revenue of $9.17 billion. The absence of formal guidance in the press release places greater emphasis on the commentary provided during the earnings conference call, where management may offer insights into business trends and future expectations.

For a detailed breakdown of historical earnings, future estimates, and analyst projections, you can review the data available on the Morgan Stanley earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute financial advice, a recommendation, or an offer or solicitation to buy or sell any securities. The content presented is based on data believed to be reliable, but its accuracy cannot be guaranteed. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.