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Morgan Stanley Earnings Preview: What to Expect (Video)

Morgan Stanley reports its second-quarter earnings before the opening bell on Wednesday.

Will the Wall Street firm follow in the footsteps of Goldman Sachs and JPMorgan Chase — each of which sailed past estimates — or disappoint like Bank of America?

Michael Mayo, analyst at Calyon Securities, offered CNBC his financial-stock outlook.

Watch the video for Mayo's insights. Plus: more from Charlie Gasparino.

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Second Opinions:

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CNBC's Financials in the News:

CIT Group

Bank of America

Morgan Stanley

Goldman Sachs

JPMorgan Chase

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Disclosures:

Disclosure information was not available for Mayo or his company.

Disclaimer