earnings
confidence high
sentiment negative
materiality 0.75
Perella Weinberg FY2022 revenue $631.5M, down 21%; GAAP net loss $31.7M; adds $100M buyback
Perella Weinberg Partners
2022-FY EPS reported
-$0.46
revenue$631,507,000
- FY2022 revenue $631.5M (down 21% vs record $801.7M in 2021); adjusted net income $81.6M, down 49%.
- Q4 2022 revenue $183.1M (down 8% YoY); adjusted net income $12.0M vs $38.4M in Q4 2021.
- Board authorized $100M additional share repurchase, increasing total capacity to ~$125M.
- Declared quarterly dividend of $0.07 per share; returned $104M to shareholders in 2022.
- Added 8 partners and 14 managing directors in 2022; leadership transition to CEO Bednar, Chairman Weinberg.