Oct. 30 at 5:00 PM
$MC dips 1% post-earnings despite EPS beat 🤔
Moelis & Company posted Q3 EPS of 68 cents, beating the Zacks Consensus Estimate of 57 cents, with adjusted revenues up 34% year over year. However, operating expenses jumped 20%, likely causing the stock's 1% dip post-earnings.
Deep dive here 👉 https://www.zacks.com/stock/news/2781893/moelis-company-q3-earnings-beat-on-higher-revenues-stock-dips?cid=sm-stocktwits-2-2781893-body-18555&ADID=SYND_STOCKTWITS_TWEET_2_2781893_BODY_18555