PJT Partners Inc reports results for the quarter ended in September 30 - Earnings Summary

PJT Partners

29/10/2024 14:04

* PJT Partners Inc  PJT.N  reported quarterly adjusted
earnings of
93 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 78 cents.  The mean expectation of six analysts for the
quarter was for earnings of 91 cents per share. Wall Street
expected results to range from 77 cents to $1.08 per share.
    * Revenue rose 17.2% to $326.32 million from a year ago;
analysts
expected $312.66 million. 
    * PJT Partners Inc's reported EPS for the quarter was 79
cents​.
    * The company reported quarterly net income of $22.15
million.
    * PJT Partners Inc shares had risen by 5.8% this quarter and
gained 38.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the investment
banking
& brokerage services peer group is also "hold"

Wall Street's median 12-month price target for PJT Partners Inc
is 143.00 
This summary was machine generated from LSEG data October 29 at
02:04 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
 Sep. 30 2024      0.91           0.93           Beat
 Jun. 30 2024      0.69           1.19           Beat
 Mar. 31 2024      0.45           0.98           Beat
 Dec. 31 2023      0.88           0.96           Beat