secwatch.observer — SEC 8-K summary
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Issuer:     PJT Partners Inc. (PJT)
CIK:        0001626115
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000950170-24-051554
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PJT Partners Q1 revenue $329M record, up 65% YoY; adjusted EPS $0.98 up 81%
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- Advisory revenue $289M (+72%) from restructuring, strategic advisory, private capital solutions.
- Placement revenue $34M (+25%) on higher fund placement; interest income $6M (+44%).
- GAAP diluted EPS $1.22; adjusted EPS $0.98 (both up >80% YoY).
- Repurchased 1.5M share equivalents at avg $99.04; remaining authorization $406M.
- Declared $0.25 quarterly dividend, payable June 20 to holders of record June 5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626115/000095017024051554/0000950170-24-051554-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626115/000095017024051554/pjt-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-051554

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer