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Perella Weinberg Partners - PWP STOCK NEWS

Welcome to our dedicated news page for Perella Weinberg Partners (Ticker: PWP), a resource for investors and traders seeking the latest updates and insights on Perella Weinberg Partners.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Perella Weinberg Partners's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Perella Weinberg Partners's position in the market.

News
Perella Weinberg to Announce First Quarter 2024 Financial Results and to Host Conference Call on May 3, 2024
Rhea-AI Summary
Perella Weinberg Partners (PWP) announced the release of its first-quarter 2024 financial results on May 3, 2024. The company will host a conference call and webcast to review the results at 9:00AM ET on the same day. Investors can access the webcast through the Investors section of PWP's website or by dialing in using the provided information. A replay of the call will be available until May 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
conferences earnings
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News
David Higley Joins Perella Weinberg as Partner
Rhea-AI Summary
Perella Weinberg Partners (PWP) strengthens its Global Media & Technology capabilities by appointing David Higley as a Partner in the Advisory Business. Mr. Higley, with extensive experience in the media and interactive entertainment sectors, joins from Lazard. His addition is expected to enhance strategic advice for clients globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.89%
Tags
none
-
News
Perella Weinberg Partners Prices Upsized Public Offering of Class A Common Stock
Rhea-AI Summary
Perella Weinberg Partners (PWP) announces the pricing of an upsized public offering of 5,000,000 shares of Class A common stock at $12.00 per share, with an option for additional shares. The net proceeds will be used for various purposes, including the conversion of Partnership Class A-3 Common Units, share purchases, and general corporate needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
offering
News
Perella Weinberg Partners Commences Public Offering of Class A Common Stock
Rhea-AI Summary
Perella Weinberg Partners (PWP) announces a public offering of 4,500,000 shares of Class A common stock with an option for an additional 675,000 shares. The net proceeds will be used for various purposes including tax liabilities, share purchases, and general corporate needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
offering
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News
Perella Weinberg to Present at the Bank of America 2024 Financial Services Conference
Rhea-AI Summary
Perella Weinberg Partners (PWP) announces CEO Andrew Bednar will present at Bank of America 2024 Financial Services Conference. The webcast will be available on PWP's website for public viewing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
conferences
-
News
Perella Weinberg Reports Full Year and Fourth Quarter 2023 Results
Rhea-AI Summary
Perella Weinberg Partners (PWP) reported full year revenues of $649 million, up 3% from a year ago. Adjusted pre-tax income was $55 million, with an adjusted EPS of $0.45. However, the GAAP pre-tax loss was $(113) million, with a diluted EPS of $(1.33). The fourth quarter revenues were $213 million, up 16% from a year ago, with an adjusted pre-tax income of $11 million and a GAAP pre-tax loss of $(44) million. PWP invested in talent, adding senior bankers, and returned $65 million to equity holders in 2023. They also declared a quarterly dividend of $0.07 per share. The firm has a strong balance sheet with $338 million in cash and short-term investments and no debt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.3%
Tags
earnings
News
Perella Weinberg to Announce Full Year and Fourth Quarter 2023 Financial Results and to Host Conference Call on February 8, 2024
Rhea-AI Summary
Perella Weinberg Partners (PWP) is set to release its financial results for the full year and fourth quarter of 2023 on February 8, 2024, before the market opens. Management will host a conference call and webcast to review the results on the same day at 9:00AM ET. The webcast will be available to the public on a listen-only basis through the Investors section of PWP's website. A replay of the call will also be available for two weeks after the live call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
conferences earnings
-
News
Jillian Colbert Alsheimer Joins Perella Weinberg as Partner
Rhea-AI Summary
Perella Weinberg Partners (Nasdaq: PWP) has announced the appointment of Jillian Colbert Alsheimer as a Partner in the Advisory Business. Ms. Alsheimer, previously a Managing Director at Goldman Sachs, will focus on building the Firm’s shareholder activism, anti-raid, and corporate governance services. With a background in mergers and acquisitions, securities law, and corporate governance, her expertise is expected to enhance the Firm's capabilities in serving clients across various industry sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
none
-
News
Perella Weinberg to Present at the Goldman Sachs 2023 US Financial Services Conference
Rhea-AI Summary
Perella Weinberg Partners (PWP) to Present at Goldman Sachs 2023 US Financial Services Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
conferences
News
Perella Weinberg Reports Third Quarter 2023 Results
Rhea-AI Summary
Perella Weinberg Partners (PWP) reported third-quarter revenues of $139 million, down 4% from a year ago. Adjusted operating income margin was 8.5%, while GAAP operating loss margin was (19.2)%. Adjusted EPS was $0.12, and GAAP diluted EPS was $(0.27). For the nine months, revenues were $436 million, down 3% from a year ago. The company continues to invest in talent and expand its client coverage footprint, adding senior bankers. PWP has a strong balance sheet with $197 million of cash and short-term investments and no debt. They returned $57 million to equity holders year-to-date, including share repurchases and dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.82%
Tags
earnings
Stock PWP logo
Perella Weinberg Partners

Nasdaq:PWP

PWP Rankings

#2566 Ranked by Market Cap
#879 Ranked by Stock Gains
#1474 Ranked by Dividends

PWP Stock Data

1.41B
41.06M
4.41%
69%
0.97%
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
New York

About PWP

Perella Weinberg Partners L.P. is a global financial services firm focused on investment banking advisory services. The firm was founded in 2006 by Joseph R. Perella, Peter A. Weinberg and Terry Meguid, and went public in 2021.