PJT Partners (PJT) Tops Q1 EPS by 26c

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Go back to PJT Partners (PJT) Tops Q1 EPS by 26c

PJT Partners Inc. Reports First Quarter 2020 Results

April 28, 2020 6:50 AM EDT

Overview

Total Revenues of $200 million for first quarter 2020, up 56% from a year ago Advisory Revenues of $157 million, up 50% from a year ago Placement Revenues of $39 million, up 67% from a year ago First quarter GAAP Pretax Income of $34 million; Adjusted Pretax Income of $39 million, up 160% from a year ago First quarter GAAP Diluted EPS of $0.72; Adjusted EPS of $0.71 Strong balance sheet at quarter end with $113 million of cash, cash equivalents and short-term investments and no funded debt Repurchased approximately 1 million share equivalents through share repurchases,... More