PJT Partners reports Q1 adjusted EPS 98c, consensus 45c

Reports Q1 revenue $329M, consensus $229.15M. CEO Paul Taubman said, “We reported our second highest revenue quarter ever, reflecting strong performance in all of our businesses. In addition to our strong results, we continue to see progress as measured by the success of our recruiting efforts, the maturation of our team, and the growing recognition of our brand. We continue to invest to enhance our franchise and remain highly confident in our future growth prospects.”