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Moelis (MC) reported earnings 30 days ago. What's next for the stock?
Investors can boost returns by adding top-ranked liquid stocks like Dropbox, Ubiquiti, EverQuote and Moelis & Company to their portfolios.
The LVMH share price has rebounded in the past few months as investors anticipate that the recent weakness in the luxury sector is fading. The stock was trading at €685 on Wednesday, down by over 10% from the highest point this year, but up by 21% from its lowest point in November.
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Moelis (MC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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.
NEW YORK--(BUSINESS WIRE)--Moelis & Company reports Fourth Quarter and Full Year 2024 financial results; increases quarterly dividend 8% to $0.65 per share.
MC, SOPA and EFSC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 31, 2024.