Moelis & Company (MC) Declares $0.30 Quarterly Dividend; 4.2% Yield

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Go back to Moelis & Company (MC) Declares $0.30 Quarterly Dividend; 4.2% Yield

Marriott International Reports First Quarter 2016 Results

April 27, 2016 4:30 PM EDT

BETHESDA, Md., April 27, 2016 /PRNewswire/ --

HIGHLIGHTS

First quarter adjusted diluted EPS totaled $0.87, a 19 percent increase over prior year results; North American comparable systemwide constant dollar RevPAR rose 2.4 percent in the first quarter; On a constant dollar basis, worldwide comparable systemwide RevPAR rose 2.6 percent in the first quarter; The company's adjusted operating income margin increased to 52 percent compared to 48 percent in the year-ago quarter; At the end of the first quarter, the company's worldwide development pipeline increased... More

Moelis & Company Reports First Quarter 2016 Financial Results; Quarterly Dividend of $0.30 Per Share

April 27, 2016 4:18 PM EDT

Record first quarter revenues of $126.4 million, up 27% from the first quarter of 2015 First quarter Adjusted Pro Forma net income of $0.35 per share (diluted) compared with $0.28 per share (diluted) in the first quarter of 2015; first quarter 2016 GAAP net income of $0.31 per share (diluted) compared with $0.25 per share (diluted) in the first quarter of 2015 Strong balance sheet with $138.5 million of cash and short-term investments and no debt at quarter-end Declared quarterly dividend of $0.30 per share Continued to enhance global energy coverage... More