The market expects Moelis (MC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Apri ...

NEW YORK & HOUSTON--(BUSINESS WIRE)--Moelis (NYSE: MC), a leading global independent investment bank, today announced that it has appointed Stephen Trauber as Chairman and Global Head of Energy and Clean Technology. Based in Houston, Steve will lead the Firm’s global efforts in this space, building on the strength of its U.S. Energy business, led by David Cunningham, and its deep expertise across the Middle East and Europe. His arrival further expands the Firm’s offerings and relationships across energy ser ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36418 For the fiscal year ended December 31, 2023 (Exact name of registrant as specified in its charter) Delaware 46-4500216 (State or other jurisdiction of (I.R.S. Employer in ...

Moelis & Company (MC) incurred a fourth-quarter 2023 adjusted loss per share of 6 cents, which was narrower than the Zacks Consensus Estimate for a loss of 11 cents. The bottom line compared unfavorably with earnings of 33 cents in the prior-year quarter.Results were adversely impacted by a surge in expenses. However, an improvement in revenues and a solid liquidity position were the positives.Net loss (GAAP basis) was $6.5 million or 8 cents per share against a net income of $22.7 million or 28 cents per s ...

Joe Simon - CFO I'll now turn the call over to Joe to discuss our results. For the full year, we reported a non-compensation ratio of approximately 21%. As a result of our MD headcount expansion, underlying non-comp expenses will be in the $45 million to $46 million range, beginning in the first quarter, excluding transaction-related expenses. As many of the annual vesting of RSUs will occur later this month. Joe Simon Yes. So the I think the best way to think about it is, I'd say for every $100 million inc ...

Moelis & Company (NYSE:MC) Q4 2023 Earnings Conference Call February 7, 2024 5:00 PM ET Company Participants Matt Tsukroff - IR Joe Simon - CFO Ken Moelis - Chairman & CEO Conference Call Participants Devin Ryan - JMP Securities Ken Worthington - JP Morgan Brennan Hawking - UBS James Yaro - Goldman Sachs Stephen Chubak - Wolf Research Charles Smith - Morgan Stanley Mike Brown - KBW Operator Good afternoon and welcome to the Moelis & Company Earnings Conference Call for the Fourth Quarter in 2023. To begin, ...

Moelis (MC) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this investment bank would post earnings of $0.05 per share when it actually produced a loss of $0.15, delivering a surprise of -400%.Over the last four quarters, the company has surpas ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Moelis (MC) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numbers are better than expectati ...

NEW YORK--(BUSINESS WIRE)--Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, February 7, 2024. Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (February 7, 2024) to review the financial results. Following the review, there will be a question and answer session. In ...

Okay great. Got to get back and watch that. But [multiple speakers] Operator Your next question comes from the line of Ken Worthington with JP Morgan. Ken your line is open. Ken Worthington Hi, good afternoon. Thanks for taking the questions. You're losing money year-to-date; do you expect to lose money for the year? Unless there's a meaningful improvement in deal activity? And does this matter? Ken Moelis I think we probably lose money. Because even if the deal activity starts tomorrow, you're not going to ...