Benzinga | Oct 26, 2020 04:25PM EDT

Moelis & Co Q3 Adj. EPS $0.54 May Not Compare To $0.03 Estimate, Sales $207.60M Beat $145.08M Estimate

Moelis & Co (NYSE:MC) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.03 by 1700 percent. This is a 28.95 percent decrease over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $207.60 million which beat the analyst consensus estimate of $145.08 million by 43.09 percent. This is a 10.40 percent decrease over sales of $231.70 million the same period last year.