Morgan Stanley Direct Lending Fund
MSDLNYSEFinancial Services● Active
$15.15
$-0.34(-2.19%)
Market Cap$1.3B
P/E Ratio—
52W High$19.94
52W Low$13.66
Morgan Stanley Direct Lending Fund (MSDL) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
MSDL · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 7, 2026EPS Actual
$0.47
Est. $0.45 · +4.4%
Revenue
$0.09B
Est. $0.09B · -3.1%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 7, 2026
After Market Close
▲ Beat EPS▼ Miss Revenue✓ 3-Quarter EPS Beat Streak
MSDL reports quarterly as a NYSE-listed Financial - Conglomerates company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
$0.07
Rev. $15.39B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.$0.07
Rev. Est.$15.39B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 6, 2026 | $0.46 | — | — | — | $0.09B | — |
| ▲ Q2 FY2026 | May 7, 2026 | $0.45 | $0.47 | +4.4% | $0.09B | $0.09B | -3.1% |
| — Q1 FY2026 | Feb 26, 2026 | $0.49 | $0.49 | +0.0% | $0.10B | $0.10B | -1.0% |
| ▲ Q4 FY2025 | Nov 6, 2025 | $0.49 | $0.50 | +2.0% | $0.06B | $0.10B | -33.5% |
| ▼ Q3 FY2025 | Aug 7, 2025 | $0.52 | $0.50 | -3.9% | $0.10B | $0.10B | -0.5% |
| ▼ Q2 FY2025 | May 8, 2025 | $0.56 | $0.52 | -7.1% | $0.10B | $0.10B | -1.1% |
| ▼ Q1 FY2025 | Feb 27, 2025 | $0.63 | $0.57 | -9.5% | $0.06B | $0.11B | -42.6% |
| ▲ Q4 FY2024 | Nov 7, 2024 | $0.64 | $0.66 | +3.1% | $0.06B | $0.11B | -42.1% |
Q3 FY2026
Aug 6, 2026
EPS Actual
—
EPS Est.
$0.46
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 7, 2026Beat
EPS Actual
$0.47
EPS Est.
$0.45
EPS Surpr.
+4.4%
Revenue
$0.09B
Q1 FY2026
Feb 26, 2026
EPS Actual
$0.49
EPS Est.
$0.49
EPS Surpr.
+0.0%
Revenue
$0.10B
Q4 FY2025
Nov 6, 2025Beat
EPS Actual
$0.50
EPS Est.
$0.49
EPS Surpr.
+2.0%
Revenue
$0.06B
Q3 FY2025
Aug 7, 2025Miss
EPS Actual
$0.50
EPS Est.
$0.52
EPS Surpr.
-3.9%
Revenue
$0.10B
Q2 FY2025
May 8, 2025Miss
EPS Actual
$0.52
EPS Est.
$0.56
EPS Surpr.
-7.1%
Revenue
$0.10B
Q1 FY2025
Feb 27, 2025Miss
EPS Actual
$0.57
EPS Est.
$0.63
EPS Surpr.
-9.5%
Revenue
$0.06B
Q4 FY2024
Nov 7, 2024Beat
EPS Actual
$0.66
EPS Est.
$0.64
EPS Surpr.
+3.1%
Revenue
$0.06B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $0.43 | $0.44 | $0.45 | 3 |
| Q3 FY2028 | $0.43 | $0.44 | $0.45 | 2 |
| Q2 FY2028 | $0.43 | $0.44 | $0.45 | 2 |
| Q1 FY2028 | $0.43 | $0.44 | $0.45 | 3 |
| Q4 FY2027 | $0.44 | $0.45 | $0.46 | 2 |
| Q3 FY2027 | $0.45 | $0.46 | $0.47 | 1 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $0.1B | $0.1B | $0.1B | 1 |
| Q3 FY2028 | $0.1B | $0.1B | $0.1B | 1 |
| Q2 FY2028 | $0.1B | $0.1B | $0.1B | 1 |
| Q1 FY2028 | $0.1B | $0.1B | $0.1B | 1 |
| Q4 FY2027 | $0.1B | $0.1B | $0.1B | 1 |
| Q3 FY2027 | $0.1B | $0.1B | $0.1B | 2 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 7, 2026 | +4.4% | $15.69 | $15.51 | -1.15% |
| ▲ Q1 FY2026 | Feb 26, 2026 | +0.0% | $15.62 | $15.47 | -0.96% |
| ▲ Q4 FY2025 | Nov 6, 2025 | +2.0% | $16.85 | $16.62 | -1.36% |
| ▼ Q3 FY2025 | Aug 7, 2025 | -3.9% | $18.44 | $18.16 | -1.52% |
| ▼ Q2 FY2025 | May 8, 2025 | -7.1% | $19.04 | $19.26 | +1.16% |
| ▼ Q1 FY2025 | Feb 27, 2025 | -9.5% | $20.75 | $20.70 | -0.24% |
| ▲ Q4 FY2024 | Nov 7, 2024 | +3.1% | $19.84 | $20.22 | +1.92% |
| ▲ Q3 FY2024 | Aug 8, 2024 | +1.6% | $19.33 | $19.37 | +0.21% |
Q2 FY2026-1.15%
Report Date
May 7, 2026
EPS Beat/Miss
+4.4%
Price Before
$15.69
Price After
$15.51
Q1 FY2026-0.96%
Report Date
Feb 26, 2026
EPS Beat/Miss
+0.0%
Price Before
$15.62
Price After
$15.47
Q4 FY2025-1.36%
Report Date
Nov 6, 2025
EPS Beat/Miss
+2.0%
Price Before
$16.85
Price After
$16.62
Q3 FY2025-1.52%
Report Date
Aug 7, 2025
EPS Beat/Miss
-3.9%
Price Before
$18.44
Price After
$18.16
Q2 FY2025+1.16%
Report Date
May 8, 2025
EPS Beat/Miss
-7.1%
Price Before
$19.04
Price After
$19.26
Q1 FY2025-0.24%
Report Date
Feb 27, 2025
EPS Beat/Miss
-9.5%
Price Before
$20.75
Price After
$20.70
Q4 FY2024+1.92%
Report Date
Nov 7, 2024
EPS Beat/Miss
+3.1%
Price Before
$19.84
Price After
$20.22
Q3 FY2024+0.21%
Report Date
Aug 8, 2024
EPS Beat/Miss
+1.6%
Price Before
$19.33
Price After
$19.37
Avg Beat Reaction-0.27%
Avg Miss Reaction-0.20%
Beat Rate5 / 8 quarters
Largest Move+1.92% (Q4 FY2024)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: MSDL ends December
Morgan Stanley Direct Lending Fund (MSDL) most recently reported earnings on May 7, 2026 for Q2 FY2026, posting EPS of $0.47 — beating the analyst consensus of $0.45 by +4.4%. MSDL has beaten EPS estimates for 3 consecutive quarters. The next MSDL earnings date is expected around September 1, 2026.
Each quarter, investors track MSDL earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. MSDL revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
MSDL's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
MSDL earnings · 5 questionsMorgan Stanley Direct Lending Fund's next earnings report is expected around September 1, 2026. MSDL typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; MSDL historically reports after market close (AMC).
MSDL earnings datewhen is MSDL earningsMSDL next earnings datewhen does MSDL report earningsMSDL earnings calendar
▸ Source: FMP · Morgan Stanley Direct Lending Fund SEC filings · US GAAP · Morgan Stanley Direct Lending Fund SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026