earnings
confidence high
sentiment positive
materiality 0.80
PJT Partners reports record Q2 2021; revenue $241M, adj. EPS $1.06; declares $3 special dividend
PJT Partners Inc.
- Total revenues $241M (+3% YoY); Advisory $198M (+3%), Placement $40M (+14%).
- GAAP pretax income $52.4M; adjusted pretax $57.9M (+5% YoY).
- GAAP diluted EPS $0.89; adjusted EPS $1.06 (+6% YoY).
- Declared $3.00 special dividend payable Oct 18, 2021 to holders of record Oct 4, 2021.
- YTD repurchased 2.3M share equivalents at avg $70.75; remaining authorization $106.2M.