Investment bank Moelis' Q3 adjusted revenue beats estimates on higher fees

Moelis & Company

29/10/2025 21:04

Overview

Moelis Q3 adjusted revenue rises 34% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats estimates, reflecting strong operational performance

Company repurchased 0.2 mln shares for $14.5 mln, maintaining strong balance sheet

Outlook

Moelis & Company did not provide specific financial guidance for future quarters

Result Drivers

HIGHER FEES - Increase in average fees earned per completed transaction in M&A and Capital Markets drove revenue growth

GROWTH STRATEGY - Continued execution on growth strategy with new Managing Director hires in M&A, Capital Markets, and Metals & Mining

INCREASED EXPENSES - Higher compensation and benefits expenses due to increased headcount and higher bonus accruals

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$356.89 mln
Q3 Adjusted Revenue
Beat
$375.98 mln
$356.92 mln (7 Analysts)
Q3 Adjusted EPS
Beat
$0.68
$0.57 (9 Analysts)
Q3 EPS
$0.67
Q3 Adjusted Net Income
Beat
$58.87 mln
$44.39 mln (5 Analysts)
Q3 Net Income
$60.07 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "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 $76.00, about 6.1% above its October 28 closing price of $71.33

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nBw4NdhQha

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(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.)