Update: PJT Partners Shares Jump After Q4 Results Beat Estimates

MT Newswires Live
05 Feb

(Updates with stock move in the headline and first paragraph)

PJT Partners (PJT) shares jumped 13% in recent Tuesday trading after the company reported Q4 results that topped estimates by analysts.

In the three months ended Dec. 31, adjusted earnings rose to $1.90 per diluted share from $0.96 a year earlier.

Four analysts polled by FactSet expected $1.12.

Revenue rose to $477.3 million from $328.6 million a year earlier.

Analysts surveyed by FactSet expected $376.1 million.

Price: 186.82, Change: +21.29, Percent Change: +13.00

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