earnings
confidence high
sentiment positive
materiality 0.75
Moelis Q3 adj. revenue +34% to $376M; adj. EPS $0.68 vs $0.22
Moelis & Co
- GAAP revenue $356.9M; adjusted revenue $376.0M (+34% YoY); adjusted diluted EPS $0.68 (vs $0.22).
- Nine-month adjusted revenue $1.048B (+37% YoY); adjusted diluted EPS $1.86 (vs $0.63).
- Regular quarterly dividend of $0.65/share declared, payable Dec 4 to holders of record Nov 10.
- Repurchased 0.2M shares for $14.5M in Q3; cash & short-term investments $619.9M, no debt or goodwill.
- Added three MDs in Q3 (M&A, Capital Markets, Metals & Mining); one Technology MD and one Private Capital Advisory MD to join.
item 2.02item 7.01item 9.01