Piper Sandler rise on Q4 profit beat

Piper Sandler Companies

31/01/2025 18:21

** Shares of investment bank and institutional securities
firm Piper Sandler  PIPR.N  up 4.14% at $322.83, highest since
Dec. 9
    ** Co reports Q4 adj. EPS of $4.80, above analysts' average
estimate of $3.96, according to data compiled by LSEG
    ** Posts Q4 revenue of $484 mln, above estimates of $454.4
mln 
    ** Co also declares special cash dividend on common stock of
$3 per share 
    ** Shares rose ~72.44% in 2024

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