earnings
confidence high
sentiment positive
materiality 0.80
PJT Partners Q3 revenue $447M (+37% YoY), adjusted EPS $1.85 (+99%) – both records
PJT Partners Inc.
- Advisory fees $389.8M (+37% YoY); Placement fees $49.2M (+51%); total revenue $447M.
- GAAP pretax income $91M (+84%); adjusted pretax $94M (+86%); GAAP diluted EPS $1.47.
- Nine-month revenue $1.18B (+16%); adjusted pretax $230M (+34%); adjusted EPS $4.43 (+43%).
- Repurchased 2.3M shares YTD at $156.55 avg; cash $521M, no funded debt; dividend $0.25/share.
- CEO cites strong results from sustained investments; sees tremendous opportunity ahead.