Moelis slides after Q1 EPS miss despite record revenue and higher expense outlook
MC•Moelis & Company shares fell after its April 29, 2026 Q1 results showed record revenue of $319.8 million but an adjusted EPS miss at $0.50 versus expectations around the mid-$0.50s. The drop also reflects a post-rally reset as investors focused on rising non-compensation expenses and a cautious near-term backdrop discussed on the call.
1. What’s driving the move
Moelis & Company (MC) is trading lower as the market digests its first-quarter 2026 earnings released April 29, 2026. While the firm posted record revenue of $319.8 million (+4% year over year), profit came in lighter than investors wanted, with adjusted EPS of $0.50 (benefiting from a $0.11 per-share tax item) failing to clear consensus expectations cited by market trackers. (investors.moelis.com)
