Consensus expects revenue of $5.35 billion and EPS of $5.69 for the third quarter, with the stock currently trading at $315.61 compared to an average analyst price target of $409.69.
Investors are primarily focused on organic net new asset (NNA) growth and the progress of the Commonwealth Financial Network integration.
The firm recently reported strong August activity with $13.5 billion in organic NNA, bringing total client assets to $2.60 trillion.
However, analysts are closely monitoring potential headwinds from lower client cash sweep balances and their subsequent impact on net interest income.