Why Moelis (MC) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Moelis (MC) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of earnings surprises [1][5]. Earnings Performance - In the most recent quarter, Moelis reported earnings of $0.57 per share, falling short of the expected $0.64 per share, resulting in a surprise of 12.28% [2]. - In the previous quarter, Moelis significantly exceeded expectations, reporting $1.18 per share against a consensus estimate of $0.46 per share, leading to a surprise of 156.52% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Moelis, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Moelis stands at +1.82%, suggesting analysts are optimistic about its near-term earnings potential [8]. Zacks Rank and Success Rate - Moelis holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, historically results in a positive surprise rate of nearly 70% [6][8]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].