Perella Weinberg Q1 2024 Adj EPS $(0.10) Misses $0.07 Estimate, Sales $102.127M Miss $133.689M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perella Weinberg (NASDAQ:PWP) reported Q1 2024 adjusted EPS of $(0.10), missing the $0.07 estimate, and sales of $102.127M, missing the $133.689M estimate. This represents a significant decrease in performance compared to the same period last year.
May 03, 2024 | 11:16 am
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Perella Weinberg reported a significant miss in both adjusted EPS and sales for Q1 2024, indicating a substantial decrease in performance from the previous year.
The substantial miss in both earnings per share and sales compared to analyst estimates, coupled with a significant decrease from the previous year's performance, is likely to negatively impact investor sentiment and the stock price of Perella Weinberg in the short term.
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