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Piper Sandler (PIPR)
NYSE:PIPR
Earnings Data
Report Date
Jul 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.16Last Year’s EPS
2.52Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 02, 2025
|% Change Since: 5.05%
|Next Earnings Date:Jul 25, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive growth in specific segments such as investment banking and public finance, but also highlighted challenges in corporate financing and market volatility affecting future outlooks. Despite growth in some areas, uncertainties and anticipated declines in advisory revenues signal a cautious sentiment.Company Guidance
During the Piper Sandler Companies First Quarter 2025 Earnings Conference Call, management outlined several key metrics and provided guidance amidst a challenging market environment. The company reported adjusted net revenues of $383 million, a 17.9% operating margin, and an adjusted EPS of $4.09, all showing growth compared to the previous year. The corporate investment banking division saw a 20% year-over-year increase in revenues to $253 million, with advisory services contributing $217 million, a 38% rise from last year. Despite current market volatility, Piper Sandler remains optimistic due to its diversified sector coverage and product capabilities. However, they anticipate a slowdown in M&A deal cycles and a decline in second-quarter advisory revenues. The public finance segment reported $26 million in municipal financing revenues, a 27% increase year-over-year. The brokerage businesses also showed growth, with equity brokerage revenues up 10% and fixed income revenues up 7% from the previous year. The company finished the quarter with 182 managing directors, reflecting a 6% increase from last year, highlighting strategic hires and expansion into sectors like infrastructure and healthcare investment banking. Piper Sandler remains committed to driving shareholder returns, having repurchased 266,000 shares for $81 million and paid $70 million in dividends.Strong Start to 2025
Adjusted net revenues of $383 million, a 17.9% operating margin, and adjusted EPS of $4.09, all up compared to the same period last year.
Increase in Corporate Investment Banking Revenues
Corporate investment banking revenues totaled $253 million, reflecting a 20% increase year-over-year, with advisory services revenues increasing by 38%.
Public Finance Business Growth
Municipal financing revenues grew by 27% year-over-year, outpacing the market issuance growth in par value of 15%.
Equity Brokerage Revenue Increase
Equity brokerage generated $54 million in revenues for the first quarter of 2025, up 10% year-over-year.
Fixed Income Revenue Growth
Fixed income revenues increased by 7% from the year-ago quarter driven by solid activity across most client verticals.
Increase in Managing Directors
The firm finished the quarter with 182 managing directors, a 6% increase from a year ago, highlighting expansion efforts.
PIPR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PIPR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 02, 2025 | $242.19 | $251.22 | +3.73% |
Jan 31, 2025 | $305.23 | $312.25 | +2.30% |
Oct 25, 2024 | $284.47 | $275.67 | -3.09% |
Aug 02, 2024 | $256.95 | $239.72 | -6.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Piper Sandler (PIPR) report earnings?
Piper Sandler (PIPR) is schdueled to report earning on Jul 25, 2025, TBA Not Confirmed.
What is Piper Sandler (PIPR) earnings time?
Piper Sandler (PIPR) earnings time is at Jul 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PIPR EPS forecast?
PIPR EPS forecast for the fiscal quarter 2025 (Q2) is 2.16.