Piper Sandler Companies reports results for the quarter ended June 30 - Earnings Summary
Piper Sandler Companies reports results for the quarter ended June 30 - Earnings Summary
Piper Sandler Companies PIPR.N reported quarterly adjusted earnings of $1.04 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of five analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 81 cents to 92 cents per share.
Revenue rose 21.2% to $491.14 million from a year ago; analysts expected $438.46 million.
Piper Sandler Companies's reported EPS for the quarter was 95 cents.
Piper Sandler Companies shares had risen by 2.0% this quarter and lost 11.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 also "buy"
Wall Street's median 12-month price target for Piper Sandler Companies is $88.75, about 16.8% above its last closing price of $73.82
This summary was machine generated from LSEG data July 30 at 06:49 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.87 | 1.04 | Beat |
Mar. 31 2026 | 0.93 | 1.00 | Beat |
Dec. 31 2025 | 1.20 | 1.72 | Beat |
Sep. 30 2025 | 0.80 | 0.96 | Beat |