Why Is Moelis (MC) Up 12.7% Since Last Earnings Report?

A month has gone by since the last earnings report for Moelis (MC) . Shares have added about 12.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Moelis due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Moelis & Company's Q1 Earnings Top as Revenues Rise Y/Y Moelis ...