Wall Street analysts forecast that Morgan Stanley (MS Quick QuoteMS - Free Report) will report quarterly earnings of $2.89 per share in its upcoming release, pointing to a year-over-year increase of 35.7%. It is anticipated that revenues will amount to $19.38 billion, exhibiting an increase of 15.4% compared to the year-ago quarter.

Over the last 30 days, there has been an upward revision of 3.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

Given this perspective, it's time to examine the average forecasts of specific Morgan Stanley metrics that are routinely monitored and predicted by Wall Street analysts.

The average prediction of analysts places 'Net revenues- Institutional Securities' at $9.29 billion. The estimate indicates a change of +21.5% from the prior-year quarter.

Based on the collective assessment of analysts, 'Revenues- Wealth Management- Net interest income' should arrive at $2.20 billion. The estimate indicates a year-over-year change of +15.2%.

The consensus estimate for 'Revenues- Institutional securities- Investment banking' stands at $2.09 billion. The estimate indicates a year-over-year change of +35.7%.

The combined assessment of analysts suggests that 'Net revenues- Investment Management' will likely reach $1.62 billion. The estimate points to a change of +4.4% from the year-ago quarter.

Analysts' assessment points toward 'Net revenues- Wealth Management' reaching $8.59 billion. The estimate points to a change of +10.6% from the year-ago quarter.

Analysts predict that the 'Revenues- Wealth Management- Asset management' will reach $5.12 billion. The estimate points to a change of +16% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Net interest Revenue' of $2.62 billion. The estimate indicates a year-over-year change of +11.6%.

The consensus among analysts is that 'Revenues- Institutional securities- Other' will reach $97.00 million. The estimate points to a change of -52% from the year-ago quarter.

Analysts forecast 'Revenues- Institutional securities- Sales and trading- Equity' to reach $4.42 billion. The estimate suggests a change of +18.7% year over year.

According to the collective judgment of analysts, 'Revenues- Investment Management- Performance-based income and other' should come in at $90.45 million. The estimate indicates a change of -23.4% from the prior-year quarter.

It is projected by analysts that the 'Book value per common share' will reach $67.51 . The estimate is in contrast to the year-ago figure of $61.59 .

Analysts expect 'Return on average common equity' to come in at 17.6%. Compared to the present estimate, the company reported 13.9% in the same quarter last year.

Over the past month, shares of Morgan Stanley have returned +4.5% versus the Zacks S&P 500 composite's +2.2% change. Currently, MS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .