PJT Partners Reports Q4 Earnings Beat Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2025
0mins
Should l Buy PJT?
Source: Fool
PJT Partners' stock fell 9.78% as it crossed below the 5-day SMA amid a broader market decline, with the Nasdaq-100 down 1.97% and the S&P 500 down 1.28%.
The company reported fourth-quarter earnings of $53.36 million, or $1.97 per share, marking a significant increase from last year's figures. Additionally, PJT Partners achieved a non-GAAP EPS of $2.55, exceeding expectations by $0.15, despite revenue of $535.2 million slightly missing forecasts by $2.54 million. This performance reflects strong profitability but highlights the need for attention on revenue growth, which could impact investor confidence moving forward.
The earnings beat and solid cash position indicate PJT Partners' resilience in a competitive financial services landscape. However, the slight revenue miss suggests challenges that the company must address to maintain investor trust and support future growth.
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Analyst Views on PJT
Wall Street analysts forecast PJT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PJT is 172.67 USD with a low forecast of 150.00 USD and a high forecast of 188.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 158.470
Low
150.00
Averages
172.67
High
188.00
Current: 158.470
Low
150.00
Averages
172.67
High
188.00
About PJT
PJT Partners Inc. is a global, advisory-focused investment bank. The Company provides independent advice coupled with client service. The Company advises clients on transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments and divestitures. Additionally, it advises private and public company boards and management teams on strategies for building investor relationships with a focus on shareholder engagement; complex investor matters; environmental, social and governance (ESG) transition solutions; and other critical strategic, governance and shareholder matters. Its restructuring and special situations business provides advisory in financial restructuring and reorganization, liability management, distressed M&A, and Chapter 11 matters. The Company's global alternative asset advisory and fundraising business provides private fund advisory and fundraising services for a diverse range of investment strategies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PJT Partners Reports Record Q4 2025 Earnings and Growth
- Strong Performance: PJT Partners reported total revenues of $1.714 billion for 2025, a 15% year-over-year increase, with Q4 revenues reaching $535 million, marking a record high for the company and highlighting robust growth in the Strategic Advisory segment.
- Solid Cash Flow: The company ended the year with $586 million in cash and $632 million in net working capital, with no funded debt, indicating a strong capital management strategy that supports future investments and shareholder returns.
- Shareholder Return Priority: Management emphasized a dual focus on investing in talent and company growth while returning capital to shareholders, having repurchased $384 million in stock in 2025, reflecting a commitment to enhancing shareholder value.
- Optimistic Market Outlook: Management projected continued strong business growth into 2026, particularly in global M&A activity and capital markets, while also cautioning about geopolitical risks and potential shifts in market sentiment that could introduce uncertainties.
See More
PJT Partners Declares Quarterly Dividend of $0.25
- Quarterly Dividend Announcement: PJT Partners declares a quarterly dividend of $0.25 per share, consistent with previous distributions, reflecting the company's commitment to shareholder returns amid stable financial performance, payable on March 18, with a record date of March 4 and an ex-dividend date also on March 4.
- Consistent Dividend Growth: The company has now announced a dividend of $0.25 for seventeen consecutive quarters, which not only demonstrates its stable cash flow and profitability but also enhances investor confidence in the company's long-term growth potential.
- Earnings Performance: PJT Partners reported a non-GAAP EPS of $2.55, beating expectations by $0.15, although revenue of $535.2 million slightly missed forecasts by $2.54 million, indicating strong profitability but highlighting the need for attention on revenue growth.
- Strategic Platform Development: PJT Partners is achieving significant growth through its expanding strategic platform while maintaining stability in restructuring, underscoring the company's competitiveness and adaptability in the financial services sector.
See More
PJT Partners Reports Increased Q4 Earnings
- Earnings Growth: PJT Partners reported fourth-quarter earnings of $53.36 million, or $1.97 per share, marking a significant increase from last year's $51.30 million and $1.83 per share, indicating sustained improvement in profitability.
- Adjusted Earnings: Excluding items, the company reported adjusted earnings of $111.83 million, or $2.55 per share, reflecting strong performance in core operations and enhanced profitability.
- Revenue Increase: The company's revenue rose 12.1% year-over-year to $535.16 million, up from $477.28 million last year, demonstrating increased market demand and business expansion.
- Market Impact: The growth in earnings and revenue not only boosts investor confidence but also lays a solid foundation for future business development and market expansion, enhancing the company's competitiveness in the financial services sector.
See More
PJT Partners Q4 Earnings Beat Expectations
- Earnings Beat: PJT Partners reported a Q4 Non-GAAP EPS of $2.55, exceeding expectations by $0.15, indicating sustained profitability and robust performance in a competitive financial services landscape.
- Revenue Miss: Despite a 12.1% year-over-year revenue increase to $535.2 million, the figure fell short of expectations by $2.54 million, suggesting challenges in revenue growth that could impact investor confidence moving forward.
- Headcount Growth: As of December 31, 2025, the firm-wide partner count reached 133, with total headcount at 1,224, reflecting increases of 12% and 7% respectively, demonstrating the company's commitment to business expansion and talent acquisition.
- Strong Cash Position: The firm reported record cash, cash equivalents, and short-term investments totaling $586 million at year-end with no funded debt, indicating a solid financial position that provides ample resources for future investments and growth initiatives.
See More
PJT Partners Set to Announce Q4 Earnings on February 3rd
- Earnings Announcement: PJT Partners is set to release its Q4 earnings on February 3rd before market open, with consensus EPS estimates at $2.40, reflecting a 26.3% year-over-year increase, and revenue estimates at $537.74 million, indicating a 12.7% year-over-year growth, showcasing the company's robust profitability and growth potential.
- Historical Performance: Over the past two years, PJT Partners has consistently beaten both EPS and revenue estimates 100% of the time, demonstrating exceptional financial management and market forecasting capabilities, which bolsters investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen four upward revisions and two downward adjustments, while revenue estimates have experienced two upward revisions and three downward adjustments, reflecting market divergence and uncertainty regarding the company's future performance, which may influence investor decisions.
- Growth Strategy Analysis: The stability of PJT Partners' restructuring combined with the blockbuster growth from its strategic platform suggests potential margin upside, particularly amid a surge in M&A and restructuring activities, further solidifying its market position.
See More
PJT Partners Announces 2025 Financial Results Release Schedule
- Earnings Release Schedule: PJT Partners expects to release its full year and fourth quarter 2025 financial results on February 3, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call on February 3, 2026, at 8:30 a.m. ET, led by CEO Paul J. Taubman and CFO Helen T. Meates, providing an opportunity for investors to interact with management.
- Participation Instructions: Investors can join the call by dialing +1 (833) 316-1983 (U.S.) or +1 (785) 838‑9310 (international), with a recommendation to dial in 15 minutes early to ensure smooth participation.
- Webcast Replay Availability: For those unable to attend the live broadcast, a replay of the conference call will be available starting at approximately 11:30 a.m. ET on February 3, 2026, for four months, further enhancing the company's engagement with investors.
See More
PJT Partners Reports Record Q4 2025 Earnings and Growth
- Strong Performance: PJT Partners reported total revenues of $1.714 billion for 2025, a 15% year-over-year increase, with Q4 revenues reaching $535 million, marking a record high for the company and highlighting robust growth in the Strategic Advisory segment.
- Solid Cash Flow: The company ended the year with $586 million in cash and $632 million in net working capital, with no funded debt, indicating a strong capital management strategy that supports future investments and shareholder returns.
- Shareholder Return Priority: Management emphasized a dual focus on investing in talent and company growth while returning capital to shareholders, having repurchased $384 million in stock in 2025, reflecting a commitment to enhancing shareholder value.
- Optimistic Market Outlook: Management projected continued strong business growth into 2026, particularly in global M&A activity and capital markets, while also cautioning about geopolitical risks and potential shifts in market sentiment that could introduce uncertainties.
See More
PJT Partners Declares Quarterly Dividend of $0.25
- Quarterly Dividend Announcement: PJT Partners declares a quarterly dividend of $0.25 per share, consistent with previous distributions, reflecting the company's commitment to shareholder returns amid stable financial performance, payable on March 18, with a record date of March 4 and an ex-dividend date also on March 4.
- Consistent Dividend Growth: The company has now announced a dividend of $0.25 for seventeen consecutive quarters, which not only demonstrates its stable cash flow and profitability but also enhances investor confidence in the company's long-term growth potential.
- Earnings Performance: PJT Partners reported a non-GAAP EPS of $2.55, beating expectations by $0.15, although revenue of $535.2 million slightly missed forecasts by $2.54 million, indicating strong profitability but highlighting the need for attention on revenue growth.
- Strategic Platform Development: PJT Partners is achieving significant growth through its expanding strategic platform while maintaining stability in restructuring, underscoring the company's competitiveness and adaptability in the financial services sector.
See More
PJT Partners Reports Increased Q4 Earnings
- Earnings Growth: PJT Partners reported fourth-quarter earnings of $53.36 million, or $1.97 per share, marking a significant increase from last year's $51.30 million and $1.83 per share, indicating sustained improvement in profitability.
- Adjusted Earnings: Excluding items, the company reported adjusted earnings of $111.83 million, or $2.55 per share, reflecting strong performance in core operations and enhanced profitability.
- Revenue Increase: The company's revenue rose 12.1% year-over-year to $535.16 million, up from $477.28 million last year, demonstrating increased market demand and business expansion.
- Market Impact: The growth in earnings and revenue not only boosts investor confidence but also lays a solid foundation for future business development and market expansion, enhancing the company's competitiveness in the financial services sector.
See More
PJT Partners Q4 Earnings Beat Expectations
- Earnings Beat: PJT Partners reported a Q4 Non-GAAP EPS of $2.55, exceeding expectations by $0.15, indicating sustained profitability and robust performance in a competitive financial services landscape.
- Revenue Miss: Despite a 12.1% year-over-year revenue increase to $535.2 million, the figure fell short of expectations by $2.54 million, suggesting challenges in revenue growth that could impact investor confidence moving forward.
- Headcount Growth: As of December 31, 2025, the firm-wide partner count reached 133, with total headcount at 1,224, reflecting increases of 12% and 7% respectively, demonstrating the company's commitment to business expansion and talent acquisition.
- Strong Cash Position: The firm reported record cash, cash equivalents, and short-term investments totaling $586 million at year-end with no funded debt, indicating a solid financial position that provides ample resources for future investments and growth initiatives.
See More
PJT Partners Set to Announce Q4 Earnings on February 3rd
- Earnings Announcement: PJT Partners is set to release its Q4 earnings on February 3rd before market open, with consensus EPS estimates at $2.40, reflecting a 26.3% year-over-year increase, and revenue estimates at $537.74 million, indicating a 12.7% year-over-year growth, showcasing the company's robust profitability and growth potential.
- Historical Performance: Over the past two years, PJT Partners has consistently beaten both EPS and revenue estimates 100% of the time, demonstrating exceptional financial management and market forecasting capabilities, which bolsters investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen four upward revisions and two downward adjustments, while revenue estimates have experienced two upward revisions and three downward adjustments, reflecting market divergence and uncertainty regarding the company's future performance, which may influence investor decisions.
- Growth Strategy Analysis: The stability of PJT Partners' restructuring combined with the blockbuster growth from its strategic platform suggests potential margin upside, particularly amid a surge in M&A and restructuring activities, further solidifying its market position.
See More
PJT Partners Announces 2025 Financial Results Release Schedule
- Earnings Release Schedule: PJT Partners expects to release its full year and fourth quarter 2025 financial results on February 3, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call on February 3, 2026, at 8:30 a.m. ET, led by CEO Paul J. Taubman and CFO Helen T. Meates, providing an opportunity for investors to interact with management.
- Participation Instructions: Investors can join the call by dialing +1 (833) 316-1983 (U.S.) or +1 (785) 838‑9310 (international), with a recommendation to dial in 15 minutes early to ensure smooth participation.
- Webcast Replay Availability: For those unable to attend the live broadcast, a replay of the conference call will be available starting at approximately 11:30 a.m. ET on February 3, 2026, for four months, further enhancing the company's engagement with investors.
See More
