Investment firm PJT Partners' Q2 revenue up 13%, beats estimates

PJT Partners

29/07/2025 11:58

Overview

PJT Partners Q2 revenue up 13% to $407 mln, beating analyst expectations

Adjusted EPS rises 29% to $1.54, exceeding analyst estimates

Company repurchased 2.1 mln shares, maintaining strong cash position

Outlook

PJT Partners did not provide specific future guidance

Company remains confident in future growth prospects

Result Drivers

STRATEGIC ADVISORY REVENUES - Increase driven by higher strategic advisory activities

PLACEMENT REVENUES - Decline due to reduced fund placement revenues

INTEREST INCOME - Growth attributed to increased fair market value of equity securities received as transaction compensation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$406.90 mln
$372.20 mln (5 Analysts)
Q2 Adjusted EPS
Beat
$1.54
$1.43 (5 Analysts)
Q2 Pretax Profit
$76.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy."

Wall Street's median 12-month price target for PJT Partners Inc is $167.50, about 9% below its July 28 closing price of $182.52

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw5Zt6zRa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)