Moelis (MC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - The market anticipates a year-over-year decline in Moelis' earnings due to lower revenues, with a focus on how actual results will compare to estimates [1][3]. Earnings Expectations - Moelis is expected to report quarterly earnings of $0.76 per share, reflecting a year-over-year decrease of 35.6% [3]. - Revenues are projected to be $428.14 million, down 2.4% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.78% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Moelis is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.76%, suggesting a bullish outlook from analysts [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Moelis has a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Moelis exceeded the expected earnings of $0.57 per share by delivering $0.68, resulting in a surprise of +19.30% [13]. - The company has beaten consensus EPS estimates in all of the last four quarters [14]. Conclusion - Moelis is viewed as a compelling candidate for an earnings beat, but investors should consider other factors influencing stock performance ahead of the earnings release [17].