PJT Partners (PJT) Q3 Earnings and Revenues Lag Estimates

PJT Partners (PJT) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.08%. A quarter ago, it was expected that this investment bank would post earnings of $1.65 per share when it actually produced earnings of $1.97, delivering a surprise of +19.39%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. PJT Partners, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $385.