earnings
confidence high
sentiment positive
materiality 0.65
Moelis Q3 adjusted EPS $0.22 vs -$0.15; revenue up 1% to $280.7M; declares $0.60 dividend
Moelis & Co
- Q3 GAAP revenue $273.8M, adjusted $280.7M (+1% YoY); GAAP diluted EPS $0.22, adjusted $0.22.
- Nine-month adjusted revenue $762.8M (+18% YoY); adjusted diluted EPS $0.63 vs ($0.14) loss.
- Board declared $0.60/share quarterly dividend, payable Dec 2, record Nov 4.
- Cash & short-term investments $297.7M; no debt or goodwill on balance sheet.
- Year-to-date hired 8 managing directors (incl. a Biotech MD) and promoted 7 to MD.