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Dec 31, 2022
PWP Q4 2022 Earnings Report
Perella Weinberg Partners reported results, showing a decrease in revenues and a GAAP net loss compared to the previous year, while continuing to expand the partnership and return capital to shareholders.
Key Takeaways
Perella Weinberg Partners reported a decrease in Q4 revenues to $183.1 million from $198.9 million in the prior year. The firm experienced a GAAP net loss of $22.6 million, and an adjusted net income of $12.0 million. Despite the challenging economic environment, PWP continued to grow its partnership and returned capital to shareholders.
Q4 2022 revenues were $183.1 million, compared to $198.9 million for Q4 2021.
GAAP net loss for Q4 2022 was $(22.6) million, compared to $(18.0) million for Q4 2021.
Adjusted net income for Q4 2022 was $12.0 million, compared to $38.4 million for Q4 2021.
The company declared a quarterly dividend of $0.07 per share.
Forward Guidance
PWP enters 2023 with momentum and a continued focus on scaling its platform over the longer-term.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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