earnings
confidence high
sentiment neutral
materiality 0.70
PJT Partners Q1 2023 revenue $200M, down 19% YoY; GAAP EPS $0.67, adjusted EPS $0.54
PJT Partners Inc.
- Total revenues $200M (-19% YoY); Advisory $168M (-7%), Placement $28M (-54%).
- GAAP pretax income $29M; adjusted pretax income $30M. GAAP diluted EPS $0.67; adjusted EPS $0.54.
- Repurchased 1.2M share equivalents at avg $77.36; remaining authorization $108M; quarterly dividend $0.25/share.
- $99M cash and equivalents; no funded debt.