Pjt Partners Inc Stock Price, News & Analysis

PJT Partners reported Q1 2022 revenues of $246 million, a 19% increase year-over-year, driven by strong advisory and placement revenues. Pretax income reached $50 million, with earnings per share at $1.00. The firm repurchased 1.2 million shares and announced a $200 million share repurchase program. PJT maintains a robust balance sheet with nearly $96 million in cash reserves. A quarterly dividend of $0.25 per share has been declared, to be paid on June 22, 2022. Despite macroeconomic challenges, the company expresses confidence in its growth prospects.

PJT Partners (NYSE:PJT) will release its first quarter 2022 financial results on April 26, 2022. The results will be available in the Investor Relations section of PJT Partners' website. A conference call will be hosted on the same day at 8:30 a.m. ET, featuring CEO Paul J. Taubman and CFO Helen T. Meates. Participants can join via phone or webcast. A replay will be accessible for three months post-call.

For more information, visit www.pjtpartners.com.

PJT Partners reported total revenues of $992 million for 2021, a 6% decline from the previous year. The company achieved a GAAP pretax income of $219 million and a diluted EPS of $3.99. In Q4, revenues were $313 million, down 3% year-over-year. However, advisory revenues fell 11%, while placement revenues surged 34% to $217 million.

The firm announced a significant increase in its quarterly dividend from $0.05 to $0.25, payable on March 23, 2022. The company ended the year with $200 million in cash and equivalents.

PJT Partners Inc. announces the passing of Dennis S. Hersch, a pivotal member of its Board of Directors since 2015. Hersch served as Lead Director and was involved in both the Audit and Compensation Committees. His leadership was characterized by wisdom and integrity, contributing significantly to the firm's growth. Hersch previously held leadership roles at J.P. Morgan and was a partner at Davis Polk. The company expresses deep condolences to his family and acknowledges his invaluable contributions.

PJT Partners (NYSE:PJT) is set to release its fourth quarter and full year 2021 financial results on February 1, 2022. A conference call will occur at 8:30 a.m. ET on the same day, featuring CEO Paul J. Taubman and CFO Helen T. Meates. Investors can join the call via phone or listen online. For those unable to attend, a replay will be available later that day. This announcement highlights PJT's commitment to transparency regarding its financial performance and strategic advisory services for various clientele globally.

PJT Partners Inc. (NYSE:PJT) announces that its Chairman and CEO, Paul J. Taubman, will present at the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021, at 1:00 p.m. ET. A live webcast of the presentation will be accessible via the Investor Relations section on PJT Partners' website, with a replay available for 30 days post-event. PJT Partners is a leading global advisory-focused investment bank, providing strategic advisory and capital markets services.

PJT Partners reported third quarter 2021 revenues of $231 million, a 22% decline year-over-year, with advisory revenues down 31% to $180 million, while placement revenues increased 48% to $47 million. Year-to-date, total revenues were $679 million, down 7%. GAAP pretax income was $48 million with diluted EPS at $0.82. The company repurchased approximately 2.9 million shares year-to-date, holding $334 million in cash. Despite challenges in restructuring, management remains confident in future growth prospects.

PJT Partners (NYSE:PJT) is set to release its third quarter 2021 financial results on October 26, 2021. The earnings report will be accessible on the PJT Partners website. A conference call will follow on the same day at 8:30 a.m. ET, led by CEO Paul J. Taubman and CFO Helen T. Meates. Interested investors can join the call by dialing +1 (800) 263-0877 for domestic or +1 (720) 543-0197 for international access. A replay of the call will be available for three months post-event.

PJT Partners Inc. reported record financial results for Q2 and the first half of 2021, with revenues of $240.7 million, a 3% increase year-over-year. Advisory revenues rose by 3% to $197.6 million, while placement revenues surged by 14% to $40.3 million. Despite challenges in restructuring, the company remains optimistic about future growth. A dividend of $0.05 per share will be paid on September 22, 2021, and a special dividend of $3.00 per share on October 18, 2021. Cash reserves stand at $211.8 million, with no funded debt.