PJT Partners Inc reports results for the quarter ended in March - Earnings Summary

PJT Partners

02/05/2023 14:31

* PJT Partners Inc  PJT.N  reported quarterly adjusted
earnings of
54 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
65 cents per share.
    * Revenue fell 18.8% to $199.99 million from a year ago;
analysts
expected $214.01 million. 
    * PJT Partners Inc's reported EPS for the quarter was 67
cents​.
    * The mean earnings estimate of analysts had fallen by
about 28.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * PJT Partners Inc shares had fallen by 3.3% this
quarter and
lost 5.2% so far this year.
    * Wall Street's median 12-month price target for PJT
Partners Inc
is $84.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.65           0.54           Missed
 Dec. 31 2022      1.23           1.08           Missed
 Sep. 30 2022      0.96           0.96           Met
 Jun. 30 2022      0.84           0.88           Beat