Moelis reports Q1 EPS 64c, consensus 55c

Reports Q1 revenue $306.6M, consensus $290.25M. The company said, “We are well positioned to navigate these volatile markets. With a debt-free balance sheet and the significant investment we have made in talent over the past few years, we are in remarkable position to offer unconflicted, independent advice to clients facing some of the most difficult decisions they have encountered.”