earnings
confidence high
sentiment negative
materiality 0.70
Piper Sandler Q3 GAAP EPS $0.22 (-75% YoY); adjusted EPS $1.76 (-24%); declares $0.60 dividend
PIPER SANDLER COMPANIES
2023-Q3 EPS reported
$1.95
revenue$883,906,000
- GAAP net revenues $289.5M (-13% YoY); adjusted net revenues $306.2M (-9% YoY).
- GAAP net income $3.9M (-73% YoY); GAAP pre-tax margin -1.2% (vs 9.6% year-ago).
- Adjusted net income $31.5M (-23% YoY); adjusted pre-tax margin 15.3% (down 2.0pp YoY).
- Quarterly dividend of $0.60 per share declared.