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Stock impact report

PJT Partners Inc. Reports First Quarter 2020 Results

PJT Partners Inc. Class A (PJT) 
Last pjt partners inc. class a earnings: 4/28 06:50 am Check Earnings Report
Company Research Source: Business Wire
OverviewTotal Revenues of $200 million for first quarter 2020, up 56% from a year agoAdvisory Revenues of $157 million, up 50% from a year agoPlacement Revenues of $39 million, up 67% from a year agoFirst quarter GAAP Pretax Income of $34 million; Adjusted Pretax Income of $39 million, up 160% from a year agoFirst quarter GAAP Diluted EPS of $0.72; Adjusted EPS of $0.71Strong balance sheet at quarter end with $113 million of cash, cash equivalents and short-term investments and no funded debtRepurchased approximately 1 million share equivalents through share repurchases, net share settlements and Partnership Unit exchangesIntend to repurchase an additional 177 thousand Partnership Units for cash in May 2020 NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company” or “PJT Partners”) (NYSE: PJT) today reported Total Revenues of $200.2 million for first quarter 2020 compared with $128.1 million for the prior year quarter. GAAP Net Income and Adjusted Net Income, If-Converted were $ Show less Read more
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