Piper Sandler Companies reports results for the quarter ended March 31 - Earnings Summary
02/05/2025 14:31
Piper Sandler Companies PIPR.N reported quarterly adjusted earnings of $4.09 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.79. The mean expectation of four analysts for the quarter was for earnings of $2.85 per share. Wall Street expected results to range from $2.42 to $3.15 per share. Revenue rose 14.8% to $383.31 million from a year ago; analysts expected $367.73 million. Piper Sandler Companies shares had fallen by 2.0% this quarter and lost 18.2% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 9.3% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment banking & brokerage services peer group is also "hold" Wall Street's median 12-month price target for Piper Sandler Companies is $250.00 This summary was machine generated from LSEG data May 2 at 01:31 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 |
| Mar. 31 2025 | 2.85 | 4.09 | Beat |
| Dec. 31 2024 | 3.96 | 4.80 | Beat |
| Sep. 30 2024 | 2.68 | 2.57 | Missed |
| Jun. 30 2024 | 2.25 | 2.52 | Beat |