Perella Weinberg Partners reports results for the quarter ended December 31 - Earnings Summary

• Perella Weinberg Partners PWP.OQ reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of four analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 18 cents to 23 cents per share.

• Revenue rose 6.1% to $225.67 million from a year ago; analysts expected $220.78 million.

• Perella Weinberg Partners shares had risen by 9.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the investment banking & brokerage services peer group is also "buy"

Wall Street's median 12-month price target for Perella Weinberg Partners is $28.00

This summary was machine generated from LSEG data February 7 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)