PJT Partners (PJT) Tops Q3 EPS by 58c, Revenues Beat

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PJT Partners Inc. Reports Third Quarter and Nine Months 2020 Results

October 27, 2020 6:50 AM EDT

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

Nine Month Highlights

Total Revenues of $730 million, up 56% from a year ago Advisory Revenues of $612 million, up 59% Placement Revenues of $106 million, up 37% GAAP Pretax Income of $153 million and Adjusted Pretax Income of $171... More