Moelis & Company Reports Second Quarter 2020 Financial Results; Quarterly Dividend of $0.255 Per Share

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Go back to Moelis & Company Reports Second Quarter 2020 Financial Results; Quarterly Dividend of $0.255 Per Share

Moelis & Company (MC) Tops Q2 EPS by 5c, Revenues Beat

July 29, 2020 5:08 PM EDT

Moelis & Company (NYSE: MC) reported Q2 EPS of ($0.11), $0.05 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $159.9 million versus the consensus estimate of $146.57 million.

Second quarter revenues of $159.9 million, up 4% from the second quarter of 2019; first half revenues of $313.6 million, up 8% from the same period of 2019GAAP net loss of ($0.10) per share (diluted) for the second quarter of 2020 and net income of $0.33 per share (diluted) for the first half of 2020; Adjusted net loss of ($0.11) per share (diluted) for the second quarter and... More