Moelis & Co Stock Price, News & Analysis

Moelis (NYSE: MC) is set to release its Q1 2023 financial results on April 26, 2023, after market close. The CEO Ken Moelis and CFO Joe Simon will host a conference call at 5:00 PM ET to discuss the results, followed by a Q&A session.

Investors can join the call via phone or listen to the live audio webcast on Moelis' official website. A replay of the call will be available for one month post-event for those unable to attend the live session.

Moelis & Company is a prominent independent investment bank providing strategic advice across various sectors, focusing on M&A, capital markets, and corporate finance.

Moelis & Company (NYSE: MC) announced management changes effective October 1, 2023. Elizabeth Crain, a Founding Partner and COO since 2007, has been appointed Vice Chair. She will lead critical strategic initiatives and client sponsorship globally. Kate Pilcher Ciafone, previously COO of Investment Banking since 2019, has been promoted to COO, taking over from Crain. Both leaders bring extensive experience in investment banking, aiming to drive the firm’s growth and strategic vision. Crain's leadership, recognized by Barron’s as one of the 100 Most Influential Women in U.S. Finance, strengthens Moelis’s commitment to delivering high-quality advice to clients worldwide.

Moelis & Company (NYSE: MC) reported GAAP revenues of $207.2 million for Q4 2022, a 52% decline from Q4 2021. Full year GAAP revenues totaled $985.3 million, down 36% year-over-year. The firm’s diluted earnings per share (EPS) were $0.28 in Q4 and $2.14 for the year, both significantly lower than the previous year's $1.41 and $5.34. Notably, Moelis added 25 Managing Directors in 2022, strengthening its advisory capabilities. The company boasts a strong balance sheet with $412.6 million in cash and no debt, and plans to return $315.6 million to shareholders through dividends and stock buybacks.

Moelis & Company (NYSE: MC) announced it will release its fourth quarter and full year 2022 financial results after market close on February 8, 2023. The results will be reviewed in a conference call at 5:00 PM ET on the same day, hosted by Chairman Ken Moelis and CFO Joe Simon. Interested participants can join via phone or listen to the webcast on the company's website. A replay will be available for one month after the call. Moelis & Company offers independent financial advisory services globally, assisting clients with mergers, acquisitions, capital markets transactions, and more.

Moelis & Company (NYSE: MC) announced the appointment of Laila J. Worrell to its Board of Directors, effective January 1, 2023. Ms. Worrell brings extensive experience as CEO at Altran Americas and as COO and CEO of KKR-owned Aricent. She has held senior advisory roles for major private equity firms and is currently an Executive Fellow at Harvard Business School. Worrell’s addition marks the fourth independent director on Moelis & Company’s Board, enhancing its expertise in technology, media, and business services.

Moelis & Company (NYSE: MC), a prominent independent investment bank, announced that Ken Moelis, Chairman and CEO, will speak at the Goldman Sachs US Financial Services Conference on Tuesday, December 6 at 1:40 p.m. Eastern Time. The presentation, along with a live webcast, will be accessible on the company’s website. A replay will be available for 90 days post-conference.

Moelis provides innovative financial advisory services across sectors, assisting corporate and government clients in critical decision-making processes such as mergers and acquisitions and capital market transactions.

Moelis & Company (NYSE: MC) reported Q3 2022 GAAP revenues of $233.5 million, a 55% decline from the previous year, with Adjusted revenues at $232.4 million. For the first nine months, GAAP revenues were $778.1 million, down 33%. The GAAP net income for Q3 was $25.6 million or $0.37 per share, significantly lower than $120.3 million or $1.76 per share a year prior. The firm maintains a robust balance sheet with $340.9 million in cash and no debt, and continues its organic growth strategy, adding 25 Managing Directors year-to-date.

Moelis & Company (NYSE: MC) plans to release its third quarter 2022 financial results on November 2, 2022, after market close. Following the release, a conference call led by Chairman and CEO Ken Moelis and CFO Joe Simon will take place at 5:00 PM ET to discuss the results, accompanied by a Q&A session. Investors can join the call via phone or listen through a webcast on the Moelis website. A replay will be available for one month.

Moelis & Company (NYSE: MC) reported second quarter 2022 GAAP revenues of $242.5 million, a 34% decline year-over-year, with Adjusted revenues at $237.4 million. First half revenues also fell 14% to $544.6 million. GAAP net income for Q2 was $39.0 million or $0.56 per share, down from $90.0 million or $1.19 in the same period last year. The firm maintains a robust balance sheet with $276.6 million in cash and no debt. They repurchased 0.8 million shares in Q2 at a cost of $34.9 million and declared a quarterly dividend of $0.60 per share.