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Perella Weinberg Partners - $PWP STOCK NEWS

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

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.

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%
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Rhea-AI Summary
Perella Weinberg Partners plans to release its financial results for the third quarter of 2023 on November 7th. A conference call and webcast to review the results will be held at 9:00AM ET on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
Tags
conferences earnings
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Rhea-AI Summary
Perella Weinberg Partners announces the appointment of Troy Broderick as a Partner in the Advisory Business, strengthening the firm's shareholder activism and engagement expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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none
Rhea-AI Summary
Johann von Wersebe joins Perella Weinberg Partners as a Partner in the Advisory Business, reinforcing the firm's presence and investment in the European market. He will lead the firm's business in the DACH region, bringing over 25 years of investment banking experience. This appointment strengthens Perella Weinberg's franchise in German-speaking Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.19%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
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Rhea-AI Summary
Perella Weinberg Partners plans to release its financial results for Q2 2023 on August 3. A conference call and webcast to review the results will be held at 9:00AM ET. A replay of the call will be available until August 10.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
conferences earnings
Rhea-AI Summary
Perella Weinberg Partners (Nasdaq: PWP) has announced the appointment of Christopher Doolin as a Partner in the Advisory Business. Doolin will work in the Firm’s Industrials Group and provide strategic and financial advice to clients globally across the Business and Consumer Services sectors. He brings over 15 years of investment banking experience and will strengthen PWP’s Industrials Practice.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
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none
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Rhea-AI Summary
Perella Weinberg Partners (PWP) reported Q1 2023 financial results, with revenues of $131M, down 13% YoY. Adjusted EPS was $0.09, while GAAP Diluted EPS was $(0.37). The firm continues to invest in talent to drive revenue growth. PWP has a strong balance sheet with $130M in cash and short-term investments and no debt. They repurchased 2.6M shares and declared a quarterly dividend of $0.07 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.78%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
conferences earnings
Perella Weinberg Partners

Nasdaq:PWP

PWP Rankings

PWP Stock Data

806.04M
41.06M
4.41%
69%
0.97%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
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.