Moelis & Company (NYSE:MC) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Moelis & Company (NYSE:MC - Get Free Report) posted its earnings results on Wednesday. The asset manager reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. The business had revenue of $409.39 million during the quarter, compared to the consensus estimate of…

Moelis & Company (NYSE:MC - Get Free Report) posted its earnings results on Wednesday. The asset manager reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. The business had revenue of $409.39 million during the quarter, compared to the consensus estimate of $387.27 million. Moelis & Company had a net margin of 14.46% and a return on equity of 38.94%.

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