Overview
Moelis Q2 revenue rises 38% yr/yr, beating analyst expectations, per LSEG data
Adjusted EPS for Q2 beats consensus, driven by higher transaction fees
Co maintains strong balance sheet with $474.9 mln in cash, no debt
Outlook
Moelis enters H2 2025 with a more favorable deal environment
Company has a significantly expanded range of expertise for H2 2025
Result Drivers
TRANSACTION FEES - Increase in average fees per completed transaction, particularly in M&A and Capital Markets, drove revenue growth
TEAM EXPANSION - Addition of managing directors in Private Capital Advisory, Technology, and Business Services contributed to strategic growth
STRONG BALANCE SHEET - Maintained with $474.9 mln in cash and no debt, supporting financial stability
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Revenue
Beat
$365.38 mln
$306.10 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$0.53
$0.36 (7 Analysts)
Q2 EPS
$0.53
Q2 Adjusted Net Income
Beat
$45.45 mln
$29.90 mln (5 Analysts)
Q2 Net Income
$46.76 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the investment banking & brokerage services peer group is "buy."
Wall Street's median 12-month price target for Moelis & Co is $68.00, about 4.4% below its July 23 closing price of $70.98
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nBw3BnNsYa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)