PJT Partners Q3 2023 Earnings Report

PJT Partners EPS Results

• Actual EPS: $0.78
• Consensus EPS: $0.43
• Beat/Miss: Beat by +$0.35
• One Year Ago EPS: $0.96

PJT Partners Revenue Results

• Actual Revenue: $278.40 million
• Expected Revenue: $226.97 million
• Beat/Miss: Beat by +$51.43 million
• YoY Revenue Growth: +4.60%

PJT Partners Announcement Details

• Quarter: Q3 2023
• Date: 10/31/2023
• Time: Before Market Opens

PJT Partners (NYSE:PJT), an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in financial restructurings and reorganizations; liability management; distressed mergers and acquisitions; and to management teams, corporate boards, sponsors and creditors. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to general and partners on liquidity and other structured solutions. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.