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Sep 30, 2021
Moelis Q3 2021 Earnings Report
Moelis & Company achieved record revenues and EPS
Key Takeaways
Moelis & Company reported record third quarter revenues of $515.9 million, up 149% from the third quarter of 2020. Adjusted net income was $1.77 per share (diluted) for the third quarter. The company declared a special dividend of $2.50 per share in addition to a regular quarterly dividend of $0.60 per share.
Adjusted revenues for the third quarter of 2021 were $515.9 million, up 149% from the third quarter of 2020.
GAAP net income of $1.76 per share (diluted) for the third quarter.
Adjusted net income of $1.77 per share (diluted) for the third quarter.
Declared $3.10 per share in dividends, comprised of a $2.50 per share special dividend in addition to a $0.60 per share regular quarterly dividend.
Forward Guidance
Moelis & Company is well positioned to continue to gain market share and capitalize on very high levels of market activity.
Positive Outlook
- Record activity across all products and regions.
- Global and collaborative platform
- Operating leverage
- Earning power
- Cash generation capabilities
Challenges Ahead
- Revenues and net income can fluctuate materially depending on the number, size and timing of completed transactions
- Financial results in any particular quarter may not be representative of future results over a longer period of time.
- Impact of the COVID-19 pandemic on our business, revenues and operating results is unpredictable
- New risks and uncertainties emerge from time to time
Historical Earnings Impact
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Avg. Return Before/After Earnings
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