Boutique investment bank Moelis rises on Q4 profit beat

Moelis & Company

06/02/2025 19:40

** Boutique investment bank Moelis'  MC.N  shares rise more
than 1.5% to $80.89
    ** Company on Wednesday reported Q4 adj profit of $1.18/shr
vs est $0.49/shr - LSEG
    ** Total revenue more than doubled to $438.7 million, driven
by higher M&A fees
    ** Company's shares have risen 7.4% YTD, as of previous
close, after rising 31.6% in 2024

 (Reporting by Ateev Bhandari in Bengaluru)
 ((Ateev.Bhandari@thomsonreuters.com))