PJT Partners (PJT) Tops Q1 EPS by 16c

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Go back to PJT Partners (PJT) Tops Q1 EPS by 16c

PJT Partners Inc. Reports First Quarter 2021 Results

April 27, 2021 6:50 AM EDT

First Quarter Highlights

Total Revenues of $207 million, up 3% from a year ago Advisory Revenues of $153 million, down 3% Placement Revenues of $50 million, up 29% GAAP Pretax Income of $44 million and Adjusted Pretax Income of $50 million, up 31% and 26%, respectively GAAP Diluted EPS of $1.03 and Adjusted EPS of $0.89, up 43% and 25%, respectively Record first quarter end cash, cash equivalents and short-term investments of $172 million Repurchased approximately 1.6 million share equivalents Additionally, the Company has committed to repurchase 221 thousand Partnership Units for cash in May... More