Moelis & Company (MC) Tops Q1 EPS by 13c

Moelis & Company (NYSE: MC) reported Q1 EPS of $0.54, $0.13 better than the analyst estimate of $0.41. Revenue for the quarter came in at $173.26 million versus the consensus estimate of $146.71 million.

“We achieved record revenues in the first quarter of 2017 with strong performance across all of our advisory offerings. These results reflect the realization of our early investment in building a global franchise, which allows us to deliver an integrated network to our clients. This translated into an increase in the number of transaction completions and total clients advised during the quarter,” said Ken Moelis Chairman and Chief Executive Officer.

For earnings history and earnings-related data on Moelis & Company (MC) click here.

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