Moelis & Company (MC) Declares $0.23 Quarterly Dividend; 3.1% Yield
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April 30, 2015 7:30 AM EDT
Susquehanna downgraded Moelis (NYSE: MC) from Positive to Neutral with a price target of $27.00 (from $35.00).
For an analyst ratings summary and ratings history on Moelis click here. For more ratings news on Moelis click here.
Shares of Moelis closed at $29.46 yesterday.
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April 29, 2015 5:12 PM EDT
Moelis & Company (NYSE: MC) reported Q1 EPS of $0.28, $0.10 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $99.4 million versus the consensus estimate of $125.48 million.
Since going public a year ago, we have made significant progress in growing our franchise. We have enhanced the depth and quality of our client relationships, advising on a number of highly complex transactions around the world. We have added 12 Managing Directors in... More
