MC Earnings Prediction
The chart below shows how MC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MC sees a -3.93% change in stock price 10 days leading up to the earnings, and a -0.20% change 10 days following the report. On the earnings day itself, the stock moves by -0.73%. This data can give you a slight idea of what to expect for the next quarter's release.
MC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
273.75M
0.58%
3.47%
Gross Margin
--
--
--
Operating Margin
5.69%
177.31%
-24.93%
Net Margin
7.03%
268.18%
24.65%
EPS
0.22
237.50%
29.41%
No Data Available
MC Earnings Analysis
MOELIS & COMPANY Corporation (MC.N) Earnings Conference Call
Positive
Third Quarter Adjusted Revenues: $281 million of adjusted revenues in the third quarter.
Revenue Increase Announcement: Adjusted revenues for the first nine months were $763 million, up 18% from the prior year period.
Revenue Growth Across Products: The year-over-year increase in revenues for the first nine months of the year is driven by growth across all major product areas.
Compensation Expense Consistency: Our third quarter compensation expense was accrued at 75% consistent with the first two quarters.
Quarterly Dividend Declaration: The Board declared a regular quarterly dividend of $0.60 per share consistent with the prior period.
Strong Balance Sheet: We continue to maintain a strong balance sheet with $298 million of cash and no debt.
Negative
Compensation Expense Consistency: Our third quarter compensation expense was accrued at 75% consistent with the first two quarters.
Non-Compensation Expenses Outlook: Our non-compensation expenses in the third quarter were $48 million and we expect a similar non-comp expense result in quarter four.
Corporate Tax Rate Consistency: Our underlying corporate tax rate was 34% consistent with the prior quarter.
Quarterly Revenue Decline: We reported $281 million of adjusted revenues in the third quarter, which is a decrease from the first nine months' adjusted revenues of $763 million, up 18% from the prior year period.
Strong Balance Sheet: We continue to maintain a strong balance sheet with $298 million of cash and no debt.
MC FAQs
How does MC typically perform around its earnings report dates?
Is Moelis & Company (MC) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
MC Earning Call Sentiment
Moelis & Company (MC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
MC.N
-1.2%Positive
The earnings call summary shows strong financial performance with 18% revenue growth, a healthy cash position, and no debt. The company anticipates a positive M&A cycle and maintains a consistent dividend. The Q&A reveals optimism for 2025 M&A activity and stable hiring conditions. Risks from interest rates and competition exist, but the overall sentiment is positive. The lack of new partnerships or shareholder return enhancements tempers the outlook, but strong financials and optimistic guidance suggest a positive stock price movement of 2% to 8% over the next two weeks.
