PJT Partners Inc. reported a 3% decrease in total revenues to $233 million for the second quarter of 2022, compared to $241 million in the prior year quarter. GAAP Pretax Income decreased by 17% to $44 million, and Adjusted Pretax Income decreased by 15% to $49 million. GAAP Diluted EPS and Adjusted EPS both decreased by 17% to $0.74 and $0.88, respectively.
Total Revenues decreased 3% to $233 million.
GAAP Pretax Income decreased 17% to $44 million.
Placement Revenues increased 23% to $49 million.
GAAP Diluted EPS decreased 17% to $0.74.
PJT Partners did not provide specific forward guidance in this earnings report.
Analyze how earnings announcements historically affect stock price performance