NYSE$MC

Moelis & Company · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Moelis & Company reported record second quarter financial results, with revenues up 126% and GAAP net income of $1.17 per share (diluted).

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.

Headline financials

Total Revenue

$361M

Previous: $160M+125.7%
EPS (adj)

$1.19

Previous: -$0.11+1181.8%
Adjusted Pre-Tax Margin

34.0%

No prior period
Capital Expenditures

-$10.1M

Previous: -$21.7M+53.4%
Free Cash Flow

$83.1M

Previous: -$30.7M+370.7%
Net Income

$93.2M

Previous: -$9.04M+1130.5%
Operating Income

$118M

Previous: -$17.2M+789.2%
Gross Profit

$361M

Previous: $160M+125.7%
Cash & Equivalents

$281M

Previous: $194M+44.9%

Revenue & EPS history

Moelis · Revenue · Quarterly

$361M

Q2 2021+125.7%vs Q2 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.1%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-2.0%

Avg return

30 days after

57%

27 / 47 earnings

Positive

+11.2%

Q3 2019

Best reaction

-17.0%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-5.3%+0.3%
Q4 2025+1.1%+2.8%-20.8%
Q3 2025-3.9%-7.0%-4.0%
Q2 2025-0.7%+0.2%+2.1%
Q1 2025+0.8%+2.2%+8.4%
Q4 2024+1.9%-2.6%-22.4%
Q3 2024-4.9%-4.8%+6.6%
Q1 2024-7.9%-8.3%+6.0%
Q3 2023+1.8%-1.0%+15.5%
Q2 2023-7.5%-5.7%-12.8%
Q1 2023-10.9%-10.4%-8.3%
Q4 2022-8.3%-1.5%-18.1%
Q3 2022-8.4%-7.0%+1.4%
Q2 2022+5.5%+7.8%+2.0%
Q1 2022+4.2%-0.1%+3.7%
Q4 2021-6.1%-9.0%-19.9%
Q3 2021-1.5%+7.6%-11.3%
Q2 2021+5.9%+7.4%+10.3%
Q1 2021-1.6%-4.4%-5.9%
Q4 2020+1.9%+3.2%+6.9%
Q3 2020+0.6%-4.7%+2.3%
Q2 2020-1.5%+0.5%+6.0%
Q1 2020-3.5%-6.0%-0.9%
Q4 2019+8.4%+6.2%-21.0%
Q3 2019+11.2%+10.2%+2.7%
Q2 2019+1.6%-4.0%-6.0%
Q1 2019-9.5%-10.7%-23.1%
Q4 2018+5.9%+4.3%-2.0%
Q3 2018-17.0%-20.4%-21.2%
Q2 2018+3.7%+2.3%-3.8%
Q1 2018+2.1%-0.8%+10.3%
Q4 2017+4.9%+5.3%+7.5%
Q3 2017-4.8%-2.2%+7.2%
Q2 2017+8.7%-1.4%-4.0%
Q1 2017+0.0%-5.7%-5.5%
Q4 2016+7.3%+8.1%+7.9%
Q3 2016+4.8%+1.2%+18.5%
Q2 2016+8.3%+10.7%+9.0%
Q1 2016-0.4%
Q4 2015+0.6%
Q3 2015+5.8%
Q2 2015+5.2%
Q1 2015-9.3%
Q4 2014-4.2%
Q3 2014+0.2%
Q2 2014+1.8%
Q1 2014+0.5%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro