Perella Weinberg Partners reports Q2 adjusted EPS 9c, consensus 5c

Reports Q2 revenue $155M, consensus $140.7M. “Our first half results were in-line with our prior year performance and we entered the third quarter with robust client activity in a materially improved market environment compared to the start of the second quarter. We accelerated our investments in talent to expand our client coverage and broaden our capabilities – including the Devon Park transaction announced this morning – a strategic investment that significantly expands the services we provide to alternative asset managers across private equity, credit, infrastructure, venture, and real estate,” stated Andrew Bednar, CEO.