The exciting news about Moelis & Company (NYSE: MC) will be shared on Wednesday 23rd October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
The latest projections from financial analysts on Wall Street suggest that the enterprise is likely to reveal an estimated $0.21 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $273.19 million for the period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $0.15. This notable figure was attributed to the company's total revenue, which settled at an impressive $277.67 million during that specific quarter.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $1.08 billion. Furthermore, they expect the business to achieve profit of $1 per share during the fiscal year.
Additionally, The company will host a conference call with investors and analysts on 23rd October 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
Moelis & Company (MC) shares experienced a range of $70.50 to $71.50 on a day volume of 530.80 thousand shares. The stock closed Monday's regular trading session at $70.64, indicating a 0.95 percent drop.
