BUZZ-Piper Sandler rise on Q4 profit beat
ReutersJan 31, 2025 6:21 PM
Shares of investment bank and institutional securities firm Piper Sandler PIPR.N up 4.14% at $322.83, highest since Dec. 9
Co reports Q4 adj. EPS of $4.80, above analysts' average estimate of $3.96, according to data compiled by LSEG
Posts Q4 revenue of $484 mln, above estimates of $454.4 mln
Co also declares special cash dividend on common stock of $3 per share
Shares rose ~72.44% in 2024
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