PJT Partners Q3 Adj EPS $0.78 Beats $0.49 Estimate, Sales $278.36M Beat $231.98M Estimate
Portfolio Pulse from mahesh@benzinga.com
PJT Partners reported Q3 earnings of $0.78 per share, beating the analyst consensus estimate of $0.49 by 59.18%. However, this is a 18.75% decrease from the same period last year. The company also reported quarterly sales of $278.36 million, beating the analyst consensus estimate of $231.98 million by 19.99%, and marking a 4.61% increase from the same period last year.
October 31, 2023 | 10:54 am
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PJT Partners reported better than expected Q3 earnings and sales, but earnings are down from the same period last year.
PJT Partners beat analyst estimates for both earnings and sales, which is generally positive for the stock. However, the decrease in earnings compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100