Benzinga | Jul 29, 2020 04:20PM EDT

Moelis & Co Q2 Adj. EPS $(0.11) Beats $(0.14) Estimate, Sales $159.90M Beat $144.25M Estimate

Moelis & Co (NYSE:MC) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.14) by 21.43 percent. This is a 119.64 percent decrease over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $159.90 million which beat the analyst consensus estimate of $144.25 million by 10.85 percent. This is a 4.15 percent increase over sales of $153.52 million the same period last year.