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Jun 30, 2021
Moelis Q2 2021 Earnings Report
Moelis & Company reported record second quarter financial results, with revenues up 126% and GAAP net income of $1.17 per share (diluted).
Key Takeaways
Moelis & Company reported record second quarter revenues of $360.9 million, a 126% increase year-over-year. GAAP net income was $93.2 million, or $1.17 per share (diluted). The company increased its regular quarterly dividend by 9% to $0.60 per share and increased the share repurchase authorization by $100 million.
Second quarter revenues increased by 126% to $360.9 million compared to the same period in 2020.
GAAP net income for the second quarter was $1.17 per share (diluted).
Adjusted pre-tax margin for the second quarter was 34% compared to (11%) in the prior year period.
The company increased its regular quarterly dividend by 9% to $0.60 per share and increased the share repurchase authorization by $100 million.
Forward Guidance
Moelis & Company did not provide specific forward guidance in this earnings report. The report focuses on the company's strong Q2 results and capital management strategy.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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