Perella Weinberg Q3 2023 Adj EPS $0.12 Beats $0.05 Estimate, Sales $139.00M Beat $129.93M Estimate
Portfolio Pulse from vinayak@benzinga.com
Perella Weinberg (NASDAQ:PWP) reported Q3 2023 earnings of $0.12 per share, beating the analyst consensus estimate of $0.05 by 140%. However, this is a 53.85% decrease from the same period last year. The company also reported quarterly sales of $139.00 million, beating the estimate of $129.93 million by 6.98%, but this is a 4.39% decrease from the same period last year.
November 07, 2023 | 12:20 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Perella Weinberg's Q3 2023 earnings and sales exceeded estimates, but both are down compared to the same period last year. This mixed result could lead to uncertain market reactions.
While Perella Weinberg beat estimates for Q3 2023, the decrease in earnings and sales compared to the same period last year could be a concern for investors. This could lead to mixed market reactions, making the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100