Moelis (NYSE:MC) reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Moelis beat estimated earnings by 45.45%, reporting an EPS of $-0.06 versus an estimate of $-0.11.
Revenue was up $12.74 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 0.94% drop in the share price the next day.
Here’s a look at Moelis’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | -0.01 | 0.10 | 0.33 |
| EPS Actual | -0.15 | -0.04 | 0.05 | 0.33 |
| Revenue Estimate | 239.67M | 185.56M | 182.62M | 211.98M |
| Revenue Actual | 277.67M | 182.24M | 185.30M | 202.14M |
To track all earnings releases for Moelis visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
