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Stock impact report

Why Is Moelis (MC) Down 23.1% Since Last Earnings Report? [Yahoo! Finance]

Moelis & Company Class A (MC) 
Last moelis & company class a earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: moelis.com
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Moelis due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Moelis & Company's Q4 Earnings Beat on Higher Revenues Moelis & Company's adjusted earnings for the quarter of $1.18 per share surpassed the Zacks Consensus Estimate of 46 cents by a huge margin. The bottom line improved from a loss of 6 cents per share in the prior-year quarter. Results benefited from a rise in revenues and other income. Also, the company had a solid liquidity position in the quarter. However, an increase in expenses was a headwind. Net income (GAAP basis) was $99.8 million against a loss of $6.5 million in the prior-year quarter. For 2024, adjusted earnings per share of $1.82 beat the consensus estimate of $1.09 and improved from a loss of 20 cents per sha Show less Read more
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