The LVMH share price has rebounded in the past few months as investors anticipate that the recent weakness in the luxury sector is fading. The stock was trading at €685 on Wednesday, down by over 10% from the highest point this year, but up by 21% from its lowest point in November.
Moelis & Company (NYSE:MC ) Q4 2024 Earnings Call Transcript February 5, 2025 5:00 PM ET Company Participants Matt Tsukroff - Investor Relations Ken Moelis - Founder, Chairman and Chief Executive Officer Joseph Simon - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP James Yaro - Goldman Sachs Brennan Hawken - UBS Brendan O'Brien - Wolfe Research Ryan Kenny - Morga...
NEW YORK--(BUSINESS WIRE)--Moelis & Company reports Fourth Quarter and Full Year 2024 financial results; increases quarterly dividend 8% to $0.65 per share.
NEW YORK--(BUSINESS WIRE)-- #Earnings--Moelis & Company to Announce Fourth Quarter and Full Year 2024 Financial Results and Host a Conference Call on February 5, 2025.
Moelis & Company (NYSE:MC ) Q3 2024 Results Conference Call October 24, 2024 5:00 PM ET Company Participants Matt Tsukroff - Investor Relations Kenneth Moelis - Chairman and Chief Executive Officer Joseph Simon - Chief Financial Officer Conference Call Participants James Yaro - Goldman Sachs Ryan Kenny - Morgan Stanley Aidan Hall - KBW Mike Brown - Wells Fargo Securities Brendan O'Brien - Wolfe...
NEW YORK--(BUSINESS WIRE)-- #investmentbanking--Moelis & Company reports third quarter and first nine months 2024 financial results; declares regular quarterly dividend of $0.60 per share.
Moelis had a strong quarter, driven by capital markets and restructuring. We are a bit concerned about the sustainability of ECM and DCM activities. The firm is heavily reliant on a sponsor market recovery which still is facing challenges. We think market multiples reflect that a lot is riding on the sponsor recovery for Moelis, something we'd prefer not to bet on right now.
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