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Recap: Moelis & Co Q2 Earnings

Moelis & Co (NYSE:MC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Moelis & Co beat estimated earnings by 21.28%, reporting an EPS of $0.57 versus an estimate ...

Benzinga · 07/27/2022 18:10

Moelis & Co (NYSE:MC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Moelis & Co beat estimated earnings by 21.28%, reporting an EPS of $0.57 versus an estimate of $0.47.

Revenue was down $123.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 4.79% increase in the share price the next day.

Here's a look at Moelis & Co's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.79 1.49 1.35 0.80
EPS Actual 0.95 1.42 1.77 1.19
Revenue Estimate 267.42M 434.15M 392.75M 262.52M
Revenue Actual 298.21M 417.28M 515.95M 360.91M

To track all earnings releases for Moelis & Co VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.