---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-056544"
form_type: "8-K"
ticker: "PJT"
cik: "0001626115"
company_name: "PJT Partners Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:45:03.800008+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PJT Partners Q3 revenue up 5% to $278M; adjusted EPS $0.78, down from $0.93 a year ago

## Summary
- Advisory revenue rose 9% to $244M on higher restructuring; placement revenue fell 33% to $26.7M.
- GAAP pretax income was $42.6M vs $47.6M; adjusted pretax income was $43.8M vs $54.0M.
- Nine-month revenue hit record $825M (+11%); adjusted EPS $2.30 vs $2.67 prior year.
- Quarterly dividend of $0.25 declared, payable Dec 20; 2.0M share equivalents repurchased YTD at avg $72.09.
- Balance sheet shows $355M cash and no funded debt.

## SEC filing metadata
- accession: 0000950170-23-056544
- form_type: 8-K
- ticker: PJT
- cik: 0001626115
- company_name: PJT Partners Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626115/000095017023056544/0000950170-23-056544-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626115/000095017023056544/pjt-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-056544
- JSON: https://secwatch.observer/filing/0000950170-23-056544.json
- Plain text: https://secwatch.observer/filing/0000950170-23-056544.txt

## Key facts
- Earnings Releases
  PJT Partners Inc. reported the nine months ended September 30, 2023 results: revenue $825 million, EPS GAAP Diluted EPS of $2.20 and Adjusted EPS of $2.30.
  - Period: the nine months ended September 30, 2023
  - Revenue: $825 million
  - EPS: GAAP Diluted EPS of $2.20 and Adjusted EPS of $2.30
  - Result: reported results
  source text: Income of $43 million and Adjusted Pretax Income of $44 million > GAAP Diluted EPS of $0.68 and Adjusted EPS of $0.78 Nine Months Overview > Record Nine Months Revenues of $825 million, an increase of 11% from a year ago > GAAP Pretax Income of $126 million and Adjusted Pretax Income of $130 million > GAAP Diluted EPS of $2.20 and Adjusted EPS of $2.30 Capital
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626115/000095017023056544/0000950170-23-056544-index.htm
- Earnings Releases
  PJT Partners Inc. reported the third quarter ended September 30, 2023 results: revenue $278 million, EPS GAAP Diluted EPS of $0.68 and Adjusted EPS of $0.78.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $278 million
  - EPS: GAAP Diluted EPS of $0.68 and Adjusted EPS of $0.78
  - Result: reported results
  source text: a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 PJT Partners Inc. Reports Third Quarter and Nine Months 2023 Results Third Quarter Overview > Quarterly Revenues of $278 million, an increase of 5% from a year ago > GAAP Pretax Income of $43 million and Adjusted Pretax Income of $44 million > GAAP Diluted EPS of $0.68 and Adjusted EPS of $0.78 Nine Months
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626115/000095017023056544/0000950170-23-056544-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.