Moelis (MC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does Moelis (MC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Higher revenues driven by robust capital markets performance support MC's Q4 earnings.
Moelis & Company (NYSE:MC ) Q4 2024 Earnings Call Transcript February 5, 2025 5:00 PM ET Company Participants Matt Tsukroff - Investor Relations Ken Moelis - Founder, Chairman and Chief Executive Officer Joseph Simon - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP James Yaro - Goldman Sachs Brennan Hawken - UBS Brendan O'Brien - Wolfe Research Ryan Kenny - Morgan Stanley Ken Worthington - JPMorgan Operator Good afternoon. And welcome to the Moelis & Company's Earnings Conference Call for the Fourth Quarter of 2024.
Moelis (MC) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to loss of $0.06 per share a year ago.
Moelis (MC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
MC, RITM and TWO made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 31, 2024.
Moelis (MC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RITM, MC and PX made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 29, 2024.
Does Moelis (MC) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Moelis (MC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.