Recap: Moelis & Co Q2 Earnings

Moelis & Co MC reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Moelis & Co beat estimated earnings by 21.28%, reporting an EPS of $0.57 versus an estimate of $0.47.

Revenue was down $123.46 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 4.79% increase in the share price the next day.

Here's a look at Moelis & Co's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.79	1.49	1.35	0.80
EPS Actual	0.95	1.42	1.77	1.19
Revenue Estimate	267.42M	434.15M	392.75M	262.52M
Revenue Actual	298.21M	417.28M	515.95M	360.91M

To track all earnings releases for Moelis & Co visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.