Earnings ·
Reports Q3 revenues of $385 million and declares a quarterly dividend of $0.25 per share
PJTPJT Partners Inc.
PJT Partners Inc. reported third-quarter revenues of $385 million, a 14% decrease from the prior year, driven by declines in strategic advisory, restructuring, and private capital solutions. GAAP diluted EPS fell to $1.15, down 22%, while adjusted diluted EPS was $1.41. For the nine-month period, revenues reached a record $1.29 billion, up 9%, with GAAP diluted EPS of $5.02 and adjusted diluted EPS of $4.92. The company also declared a quarterly dividend of $0.25 per share, payable on December 16, 2026 to shareholders of record as of December 2, 2026. Additionally, PJT Partners amended its $100 million revolving credit facility, extending the maturity date to November 2, 2029. The firm is a premier global advisory-focused investment bank providing independent advice on mergers, acquisitions, restructurings, and capital raising.