Parella Weinberg rises on quarterly results beat

Perella Weinberg Partners

07/02/2025 12:48

** Shares of financial services firm Parella Weinberg
Partners  PWP.O  up 9.86% at $28.74 premarket
    ** Co reports Q4 revenue of $226 mln, above analysts'
average estimate of $220.8 mln - data compiled by LSEG
    ** Reports Q4 adj. profit of $0.26 per share vs estimates of
$0.21
    ** "Our 2024 results were driven by strong momentum across
our platform, with higher year-over-year revenue recorded in all
service lines," CEO Andrew Bednar says
    ** Shares rose ~94.93% in 2024

 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))