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Moelis Swings to Q3 Adjusted Earnings, Revenue Rises
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Moelis Swings to Q3 Adjusted Earnings, Revenue Rises
Oct 31, 2024 10:57 PM

04:20 AM EDT, 10/24/2024 (MT Newswires) -- Moelis ( MC ) reported late Wednesday it swung to Q3 adjusted earnings of $0.22 per diluted share from a loss of $0.15 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.19 per share.

Revenue for the quarter ended Sept. 30 was $273.8 million, up from $272.2 million a year earlier.

Comparable analyst estimates for revenue weren't available.

Price: 53.00, Change: -15.24, Percent Change: -22.33

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