Monday, November 2, 2026
Lazard said on 22 October that adjusted net revenue rose 11 per cent to $805 million in the third quarter, with advisory and asset management both up. Adjusted earnings fell 36 per cent to 36 cents a share as the adjusted compensation ratio rose to 69.9 per cent from 65.5 per cent. The firm's long-term target is 60 per cent or below.
JPMorgan Chase reported third-quarter profit of $15.3 billion, or $5.57 a share, on Tuesday 13 October, against an LSEG consensus of $5.85. Reuters said it was the bank's first profit miss since the fourth quarter of 2023. Excluding $658 million of losses on investment securities, the bank earned $5.75, still below the estimate.
Morgan Stanley reports third-quarter results at about 7:30 a.m. ET on Wednesday 14 October. The LSEG consensus, as cited by Reuters, is $2.94 a share against $3.46 in a record second quarter and $2.80 a year earlier. In September co-president Dan Simkowitz said "3Q is no 2Q." Goldman Sachs, reporting on Tuesday, showed revenue down 13 per cent from the second quarter in its comparable business.
Goldman Sachs reports third-quarter 2026 results on Tuesday 13 October at about 7:30 a.m. ET, with its call at 9:30 a.m. ET. IG puts the LSEG consensus at $13.02 a share on $16.71 billion of revenue, and the StarMine SmartEstimate at $12.80. Nothing has been reported yet, and estimates for individual business lines differ by provider.