PJT Partners Inc expected to post earnings of 69 cents a share - Earnings Preview

PJT Partners

26/07/2024 15:01

* PJT Partners Inc  PJT.N   PJT  is expected to show a fall
in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
18.6% decrease in revenue to $281.996 million from $346.28
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for PJT Partners Inc is for
earnings of 69 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PJT
Partners Inc
is $108.00​, below​ its last closing price of $124.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.47        0.45       0.98      Beat    119.7
 Dec. 31 2024  0.87        0.88       0.96      Beat    9
 Sep. 30 2023  0.49        0.46       0.78      Beat    70.6​
 Jun. 30 2023  0.63        0.61       0.99      Beat    63.1
 ​​Mar.        0.64        0.65       0.54      Missed  -17.1
 31 2023                                                
 Dec. 31 2022  1.19        1.23       1.08      Missed  -12.1​
 Sep. 30 2022  0.95        0.96       0.96      Met     0.4
 Jun. 30 2022  0.85        0.84       0.88      Beat    4.6
 This summary was machine generated July 26 at 14:01 GMT.  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)