earnings
confidence high
sentiment positive
materiality 0.75
Moelis Q1 adjusted revenues $298.2M (+13% YoY); adj. EPS $0.95 vs $1.02
Moelis & Co
- GAAP revenue $302.1M; adjusted revenue $298.2M, up 13% from prior year.
- Adjusted diluted EPS $0.95 (includes $0.12 tax benefit) vs $1.02 in Q1 2021.
- Repurchased record 2.0M shares in Q1 for $97.9M; 2.4M shares YTD through Apr 26.
- Declared quarterly dividend $0.60/share, payable June 8, 2022, record May 9.
- Added 17 Managing Directors YTD; cash $301.5M, no debt or goodwill.