PJT Partners (PJT) Tops Q3 EPS by 58c, Revenues Beat
PJT Partners (NYSE: PJT) reported Q3 EPS of $1.36, $0.58 better than the analyst estimate of $0.78. Revenue for the quarter came in at $298 million versus the consensus estimate of $200.01 million.
Third Quarter Highlights
- Total Revenues of $298 million, up 71% from a year ago
- Advisory Revenues of $262 million, up 80%
- Placement Revenues of $32 million, up 24%
- GAAP Pretax Income of $70 million and Adjusted Pretax Income of $76 million
- GAAP Diluted EPS of $1.22 and Adjusted EPS of $1.36
Paul J. Taubman, Chairman and Chief Executive Officer, said, “As we mark our five-year anniversary as a public company, we are pleased to report record results for the quarter and the nine months. Our results reflect the unique depth and breadth of our franchise and highlight our differentiated ability to strategically navigate challenging market environments. We remain confident in our future growth prospects.”
For earnings history and earnings-related data on PJT Partners (PJT) click here.
