earnings
confidence high
sentiment positive
materiality 0.70
Piper Sandler Q3 2024 net revenues $360M, up 24% YoY; adjusted EPS $2.57 beats prior year by 46%
PIPER SANDLER COMPANIES
2024-Q3 EPS reported
$6.35
revenue$1,046,211,000
- Net revenues $360M GAAP, up 24% YoY; adjusted net revenues $352M, up 15% YoY.
- GAAP EPS $1.96 (up 791% YoY from $0.22); adjusted EPS $2.57 (up 46% YoY from $1.76).
- GAAP pre-tax margin 15.5% (up 16.7pp YoY); adjusted pre-tax margin 18.4% (up 3.1pp YoY).
- Quarterly dividend declared of $0.65 per share.