Moelis & Company is set to announce its Q2 earnings this Wednesday. The investment banking firm met revenue expectations last quarter with $319.8 million, up 4.3% year on year, but missed EPS estimates. For this quarter, analysts expect revenue to grow 6.1% year on year, decelerating from the 38.1% increase recorded in the same quarter last year. Analysts have largely reconfirmed their estimates over the past 30 days. Peers Goldman Sachs and Morgan Stanley have already reported Q2 results, with revenue growth of 39.5% and 27.1% respectively, both beating estimates. Moelis shares have risen 7.7% over the past month. The stock currently trades at $67.78, below the average analyst price target of $71.50.

Moelis & Company reported record first-quarter revenue of $320 million, up 4% year-over-year, driven by higher M&A and private capital advisory activity. The firm cited a near all-time high deal pipeline and double-digit growth in sponsor M&A revenues. CEO Navid Mahmoodzadegan highlighted notable mandates including advising on Clear Channel Outdoor's $6.2 billion sale and Tri Pointe Homes' $4.5 billion sale. However, management flagged headwinds from Middle East conflict, private credit disruptions and AI-driven software repricing affecting parts of M&A and financing. The firm ended the quarter with $354 million cash and no debt, returning approximately $171 million to shareholders through a $0.65 dividend and share repurchases. The adjusted compensation ratio fell to 65.8%.

Moelis & Company, an investment banking firm, met revenue expectations in Q1 2026 with sales of $319.8 million, up 4.3% year on year. However, its non-GAAP earnings of $0.50 per share missed analyst estimates of $0.53 by 5.1%. The company, founded in 2007 by Ken Moelis, has demonstrated solid long-term growth with revenue increasing at an 8% compound annual growth rate over five years. Recent performance has been stronger, with annualised revenue growth of 31.8% over the past two years. Despite meeting revenue targets, the stock dropped 6.2% to $62.95 following the earnings announcement. The company reported a pre-tax profit of $46.16 million with a 14.4% margin and maintains a market capitalisation of $5.12 billion.