Moelis Third Quarter 2022 Earnings: Revenues Beat Expectations

Moelis (NYSE:MC) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$233.5m (down 52% from 3Q 2021).
• Net income: US$25.6m (down 79% from 3Q 2021).
• Profit margin: 11% (down from 25% in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Moelis Revenues Beat Expectations

Revenue exceeded analyst estimates by 5.4%.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are down 4.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Moelis (1 is potentially serious) you should be aware of.

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