PJT Partners Inc

PJT

Equity

ISIN US69343T1079 / Valor 29695825

New York Stock Exchange, Inc (2024-12-23)

USD 157.04+1.05%

PJT Partners Inc
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About company

PJT Partners Inc, known by its Valor number 29695825, is a publicly traded company. The stock of the company is available through the stock provider New York Stock Exchange, Inc. As of 23.12.2024, the current price of the stock is USD 157.04. The latest price change for this stock is 1.05%, which reflects the market’s response to various factors such as company performance, industry trends, and global economic conditions. The company has been evaluated by users of Umushroom, and has received a rating of 0 stars.

Summarized from source with an LLMView SourceSector: Finance

Record Quarterly Revenues

PJT Partners Inc. reported record quarterly revenues of $360 million for the second quarter of 2024, marking a 4% increase from the same period last year. This growth was driven by a significant increase in fund placement revenues and higher interest income.

Increased Pretax Income

For the second quarter of 2024, PJT Partners Inc. achieved a GAAP pretax income of $64 million and an adjusted pretax income of $66 million. Both figures represent a 19% increase compared to the previous year, reflecting the company's strong financial performance.

Higher Earnings Per Share

PJT Partners Inc. reported a GAAP diluted earnings per share (EPS) of $1.06 and an adjusted EPS of $1.19 for the second quarter of 2024. These figures show increases of 23% and 20%, respectively, from the same quarter in the previous year, indicating improved profitability.

First Half Revenue Growth

For the first six months of 2024, PJT Partners Inc. achieved record revenues of $690 million, a 26% increase from the same period in the previous year. This growth was driven by increases in restructuring, strategic advisory, and private capital solutions revenues.

Dividend Declaration

The Board of Directors of PJT Partners Inc. declared a quarterly dividend of $0.25 per share of Class A common stock. The dividend is scheduled to be paid on September 18, 2024, to shareholders of record as of September 4, 2024, reflecting the company's commitment to returning value to its shareholders.

Summarized from source with an LLMView Source

Key figures

57.2%1Y

110%3Y

255%5Y

Performance

30.4%1Y

29.9%3Y

36.9%5Y

Volatility