Earnings Estimates Rising for Moelis (MC): Will It Gain?

Core Viewpoint - Moelis (MC) presents a strong investment opportunity due to its improving earnings outlook and analysts' increasing earnings estimates [1][2]. Earnings Estimates - Analysts are optimistic about Moelis's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2]. - The current-quarter earnings estimate is $0.39 per share, reflecting a +77.3% change from the previous year [6]. - Over the last 30 days, the Zacks Consensus Estimate for Moelis has increased by 11.59%, with two estimates moving higher and two going lower [6]. - For the full year, the earnings estimate is $2.07 per share, representing a +13.7% change from the year-ago figure [7]. - The consensus estimate for the current year has increased by 12.08%, with three estimates moving higher compared to one negative revision [8]. Zacks Rank - Moelis currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions that could lead to significant outperformance [9]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [9]. Stock Performance - Moelis's stock has risen by 14.4% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [10].