Advisory firm Perella Weinberg's Q3 revenue drops 41% due to fewer M&A deals

Perella Weinberg Partners

07/11/2025 12:05

Overview

Perella Weinberg Q3 revenue down 41% yr/yr, missing analyst expectations

Adjusted EPS for Q3 misses analyst expectations

Company acquired Devon Park Advisors, enhancing strategic position

Outlook

Company did not provide specific financial guidance for future periods

Result Drivers

M&A CLOSINGS - Revenue decline attributed to fewer M&A closings, impacting Q3 results

TALENT INVESTMENT - Added 25 senior bankers, including 12 partners, to enhance strategic capabilities

ACQUISITION STRATEGY - Closed acquisition of Devon Park Advisors to bolster strategic position

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$165 mln
$199.58 mln (4 Analysts)
Q3 Adjusted EPS
Miss
$0.13
$0.16 (4 Analysts)
Q3 Dividend
$0.07


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy"

Wall Street's median 12-month price target for Perella Weinberg Partners is $23.50, about 19.8% above its November 6 closing price of $18.85

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX2QPtpr

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)