earnings
confidence high
sentiment positive
materiality 0.75
PJT Partners Q3 2022: Revenue $266M (+15% YoY), Adj EPS $0.96, record nine-month rev
PJT Partners Inc.
- Total revenues $266M (+15% vs Q3 2021); GAAP pretax income $48M, adjusted $54M.
- Advisory revenues $224M (+25%); placement $40M (-15%) due to lower fund placement.
- GAAP diluted EPS $0.82; adjusted EPS $0.96.
- Nine-month revenues $746M (+10%), record; GAAP diluted EPS $2.56, adjusted $2.84.
- Repurchased 2M share equivalents in nine months at avg $65.33; $0.25/share dividend payable Dec 21.