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NEW YORK (TheStreet) -- Shares of Morgan Stanley (MS) were increasing in late-morning trading on Tuesday ahead of the company's 2016 third quarter earnings, due out before tomorrow's opening bell.

Wall Street is expecting earnings and revenue to rise year-over-year.

Analysts surveyed by FactSet are forecasting that the New York-based investment bank will report earnings of 63 cents per share on revenue of $8.13 billion.

During the same quarter a year ago, Morgan Stanley earned 34 cents per diluted share on revenue of $7.77 billion. Non-GAAP revenue was $7.33 billion.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.

The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity.

The team believes its strengths outweigh the fact that the company has had sub par growth in net income.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: MS

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