UPDATE: PJT Partners (PJT) Tops Q3 EPS by 7c, Revenue Beat
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Go back to UPDATE: PJT Partners (PJT) Tops Q3 EPS by 7c, Revenue Beat
October 30, 2018 6:50 AM EDT
Overview
> Total Revenues of $140.1Â million for third quarter
2018, up 79% from a year ago
Advisory Revenues of $117.2Â million, up 94% from a year ago
> Total Revenues of $404.9 million for nine months ended September 30,
2018, up 31% year-over-year
Advisory Revenues of $318.9Â million, up 37% from a year ago
> Strong balance sheet at quarter-end with $192.2Â million of cash, cash
equivalents and short-term investments; no funded debt
> Repurchased approximately 450,000Â share equivalents and 2.0Â million
share equivalents during the quarter and nine months, respectively,
through net share settlements, Partnership Unit exchanges and share
repurchases
Additionally, intend to repurchase approximately 490,000 Partnership... More
