PJT Partners Inc. announced its Q3 2021 financial results, with total revenues decreasing by 22% to $231 million compared to the prior year quarter. Advisory revenues decreased by 31% to $180 million, while placement revenues increased by 48% to $47 million. GAAP diluted EPS was reported at $0.82, and adjusted EPS was $0.98.
Total revenues decreased by 22% to $231 million compared to the prior year quarter.
Advisory revenues decreased by 31% to $180 million.
Placement revenues increased by 48% to $47 million.
GAAP diluted EPS was $0.82, and adjusted EPS was $0.98.
PJT Partners is confident in its future growth prospects, with Strategic Advisory, PJT Park Hill and PJT Camberview businesses on track to achieve record 2021 results. Quarterly results were challenged by difficult comparisons in Restructuring.
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