PJT PartnersNYSE: PJT

PJT Partners (PJT) could produce exceptional returns because of its solid growth attributes.

PJT Partners shows some sequential declines but is still strong YoY. The Park Hill business is doing well, but there is some trouble in the primary fundraising space since capital is stuck in invested funds in PE. Advisory backlogs have been reported as a bit low this year, and we think elections have a lot to do with deferred corporate M&A plans.

PJT Partners (PJT) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.78 per share a year ago.

PJT Partners, Inc. (NYSE:PJT ) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Paul Taubman - Chairman, Chief Executive Officer Helen Meates - Chief Financial Officer Sharon Pearson - Head of Investor Relations Conference Call Participants Devin Ryan - Citizens JMP Securities James Yaro - Goldman Sachs James Mitchell - Seaport Global Securities Brennan Hawken - UBS Brendan O'Brien - Wolf Research Aidan Hall - KBW Operator Good day, and welcome to the PJT Partners Third Quarter 2024 Earnings Call. Today's conference is being recorded.

PJT Partners (PJT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its third quarter 2024 financial results on Tuesday morning, October 29, 2024. The earnings release will be available through the Investor Relations section of the PJT Partners website at www.pjtpartners.com. PJT Partners will host a conference call on Tuesday, October 29, 2024 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive.

PJT Partners (PJT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

PJT Partners (PJT) could produce exceptional returns because of its solid growth attributes.

PJT Partners is a resilient business that is demonstrating an expected countercyclical performance in advisory, as well as an outstanding performance in procyclical placements. Placement is managing thanks to liquidity needs for LPs, and the ability to close placements on the funds that don't currently have drypowder, where most do. They will likely continue to grow in a more normalised environment, but not as much as peers, some of which are extremely levered to sponsor activity which has stopped.