Perella Weinberg Partners reports results for the quarter ended in March - Earnings Summary

Perella Weinberg Partners

04/05/2023 16:11

* Perella Weinberg Partners  PWP.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue fell 13.5% to $131.43 million from a year ago;
analysts
expected $126.50 million. 
    * The mean earnings estimate of analysts had fallen by
about 49.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Perella Weinberg Partners shares had fallen by 21.4% this
quarter and lost 27.0% so far this year.
    * Wall Street's median 12-month price target for Perella
Weinberg
Partners is $10.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 03:10 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.06           0.09           Beat
 Dec. 31 2022      0.02           0.11           Beat
 Sep. 30 2022      0.13           0.26           Beat
 Jun. 30 2022      0.05           0.22           Beat