earnings
confidence high
sentiment negative
materiality 0.78
Moelis Q2 adjusted rev down 34% to $237.4M; adj EPS $0.57 vs $1.19
Moelis & Co
- Q2 GAAP revenue $242.5M; adjusted revenue $237.4M, down 34% from record prior-year quarter.
- GAAP diluted EPS $0.56; adjusted diluted EPS $0.57, down 52% YoY.
- First half 2022 adjusted revenue $535.7M, down 14% YoY; adjusted EPS $1.52 vs $2.21.
- Repurchased 2.8M shares for $132.8M in H1 2022; declared regular dividend of $0.60 per share.
- Balance sheet: cash and short-term investments $276.6M; no debt or goodwill; added two MDs in US.