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PJT Partners Inc. - PJT STOCK NEWS

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PJT Partners Inc. (NYSE: PJT) is a premier independent investment bank delivering a broad spectrum of advisory and capital raising solutions. Renowned for its experienced team and innovative approach, PJT Partners provides strategic advisory services across multiple areas including mergers and acquisitions (M&A), spin-offs, private placements, structured products, and more. The firm is dedicated to helping clients navigate complex challenges with tailored, high-impact solutions.

Strategic Advisory: PJT Partners excels in offering innovative solutions to intricate challenges across M&A, spin-offs, private placements, and structured products, ensuring the achievement of clients' strategic goals. The firm's expertise lies in facilitating high-quality outcomes for every client, from straightforward transactions to more complex deals.

Restructuring & Special Situations: As a global leader, PJT Partners advises companies and creditors during restructurings and bankruptcies. Their services encompass debtor advisory, creditor advisory, out-of-court solutions, distressed M&A, and expert witness testimony. The firm’s team is well-versed in managing complicated capital structure challenges, making them a trusted advisor in critical situations.

Park Hill: This division of PJT Partners offers global alternative asset advisory and fundraising services. Specializing in private equity, real estate, hedge funds, and private credit, Park Hill provides comprehensive support for alternative investment strategies. They play a crucial role in facilitating the growth and success of investment firms worldwide.

PJT Partners generates revenue primarily from advisory and placement fees, with a significant portion of its income originating from the United States. Recent developments and projects underscore the firm's commitment to providing unparalleled advisory services, solidifying its position as a key player in the financial sector.

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PJT Partners Inc. (PJT) Chairman and CEO, Paul J. Taubman, to present at Goldman Sachs 2023 Financial Services Conference on December 6, 2023. Webcast available on company's website.
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PJT Partners Inc. reported third-quarter revenues of $278 million, a 5% increase from the previous year. The company also announced record nine-month revenues of $825 million, up 11% from the previous year. GAAP pretax income for the quarter was $43 million, while adjusted pretax income was $44 million. The company repurchased 2.0 million shares year-to-date and had $355 million in cash and cash equivalents.
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PJT Partners Inc. expects to release its Q3 2023 financial results on October 31, 2023. A conference call will be held with the Chairman and CEO, and CFO reviewing the results and taking questions.
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PJT Partners Inc. (NYSE: PJT) announced record quarterly revenues of $346 million, a 49% increase from last year, driven by extraordinary performance in the Restructuring business. GAAP Diluted EPS increased by 16% to $0.86, and Adjusted EPS increased by 13% to $0.99. Six months overview shows record first half revenues of $546 million, a 14% increase from a year ago. The company repurchased 1.9 million shares YTD and holds $226 million in cash, cash equivalents, and short-term investments.
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PJT Partners Inc. (NYSE:PJT) has announced that it will release its first quarter 2023 financial results on May 2, 2023. The earnings release will be available on the PJT Partners website. A conference call is scheduled for the same day at 8:30 a.m. ET, featuring CEO Paul J. Taubman and CFO Helen T. Meates, who will discuss the results and address questions. Investors can participate by dialing the respective U.S. or international numbers provided in the announcement. A replay of the call will be accessible via the website starting at approximately 11:30 a.m. ET on May 2 for six months. PJT Partners is recognized as a leading global advisory-focused investment bank, offering expertise across various sectors.

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PJT Partners reported a 3% increase in total revenues, reaching $1.03 billion for the year ending December 31, 2022. However, the fourth quarter saw an 11% decline in revenues, totaling $280 million. GAAP Pretax Income was $201 million for the year, with a GAAP Diluted EPS of $3.51. The company repurchased 2.2 million shares and ended the year with $223 million in cash and no funded debt. A quarterly dividend of $0.25 per share was declared, payable on March 22, 2023. Despite challenges, CEO Paul Taubman expressed confidence in the company's future growth prospects.

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PJT Partners Inc. (NYSE:PJT) will release its full year and fourth quarter 2022 financial results on February 7, 2023. The earnings release will be available on the Investor Relations section of the PJT Partners website. Following the release, a conference call will be held at 8:30 a.m. ET, with CEO Paul J. Taubman and CFO Helen T. Meates discussing the results. Investors can join via telephone or a listen-only audio webcast. A replay will be accessible for six months after the event, starting at approximately 11:30 a.m. ET on the same day.

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PJT Partners Inc. reported strong financial results for the third quarter of 2022, with total revenues of $266 million, representing a 15% year-over-year increase. Advisory revenues surged by 25% to $224 million, while placement revenues decreased by 15% to $40 million. For the nine months, total revenues increased 10% to $746 million. The company maintained a robust balance sheet with $290 million in cash and repurchased 2 million shares year-to-date. A quarterly dividend of $0.25 per share was declared, payable on December 21, 2022.

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FAQ

What is the current stock price of PJT Partners (PJT)?

The current stock price of PJT Partners (PJT) is $164.5 as of December 11, 2024.

What is the market cap of PJT Partners (PJT)?

The market cap of PJT Partners (PJT) is approximately 3.9B.

What services does PJT Partners Inc. offer?

PJT Partners Inc. provides strategic advisory, restructuring, special situations advisory, and global alternative asset fundraising services.

Where does PJT Partners generate most of its revenue?

PJT Partners generates the majority of its revenue from the United States.

What is the strategic advisory practice at PJT Partners?

The strategic advisory practice at PJT Partners offers solutions for mergers and acquisitions, spin-offs, private placements, and structured products.

What does the restructuring & special situations division handle?

This division advises companies and creditors in restructurings and bankruptcies, offering services like debtor advisory, creditor advisory, and distressed M&A.

What is Park Hill’s role at PJT Partners?

Park Hill specializes in global alternative asset advisory and fundraising, focusing on private equity, real estate, hedge funds, and private credit.

How does PJT Partners ensure high-quality outcomes for clients?

PJT Partners combines experienced practitioners and fresh thinking to deliver innovative, tailored solutions to complex challenges, ensuring high-quality outcomes.

What type of clients does PJT Partners serve?

PJT Partners serves corporations, financial sponsors, institutional investors, and governments worldwide.

What is PJT Partners' approach to complex transactions?

PJT Partners leverages its deep expertise and innovative strategies to manage and resolve complex transactions effectively.

What recent achievements has PJT Partners made?

PJT Partners has recently undertaken significant projects and developments, continuing to reinforce its position as a leading financial advisor globally.

How does PJT Partners support alternative investment strategies?

PJT Partners, through its Park Hill division, offers private fund advisory and fundraising services tailored to private equity, real estate, hedge funds, and private credit investments.

PJT Partners Inc.

NYSE:PJT

PJT Rankings

PJT Stock Data

3.85B
21.93M
7.46%
86.14%
5.74%
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