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:
- Dick Bove: The Next Bank Earnings Will Be ‘Terrible’
- All Big Banks Will Do 'Quite Well': Stock Pickers
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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.