Morgan Stanley is expected to report Q1 earnings at 7 a.m. Monday.
Analysts are expecting adjusted earnings per share of $0.47 on revenue of $7.76 billion, according to Bloomberg.
In the same quarter last year, Morgan Stanley reported earnings of $0.85 per share (versus $0.78 expected) on revenue of $9.9 billion ($9.19 expected).
Last quarter, Morgan Stanley beat expectations, reporting diluted earnings per share of $0.43 ($0.32 expected) on revenue of $7.86 billion ($7.63 billion expected), excluding accounting adjustments.
The first quarter is typically the strongest for investment banks, but has been unusually weak on Wall Street so far in 2016.
Goldman Sachs will report Q1 earnings on Tuesday.