Perella Weinberg Partners (PWP)
NASDAQ:PWP
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.15Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: materially lower reported revenues (down 30% YoY) and a temporarily elevated compensation ratio weigh on near-term financials, but these negatives are balanced by a stronger pipeline/backlog (8-quarter high), disciplined non-comp expense reduction (non-comp down 24% YoY), strategic acquisitions (Gleacher Shacklock, Devon Park) that expand capabilities and geography, healthy involvement in mega-cap transactions, and a clean balance sheet (no debt, $78M cash) with active shareholder returns. Management expects revenue conversion to improve and be back-half weighted, and anticipates compensation margins normalizing toward historical targets as revenues recover.Company Guidance
Strong Pipeline and Backlog
Announced and pending backlog reached an 8-quarter (2-year) high; overall pipeline and client engagement are growing with increased signed engagement letters and high levels of repeat-client dialogue, supporting management's view of future revenue conversion.
Strategic Acquisitions and Talent Additions
Acquisition of Gleacher Shacklock expands U.K. presence (adds five partners and deep FTSE 250 / sponsor / sovereign relationships) and is expected to boost partner productivity; Devon Park acquisition launched the firm's private funds advisory business; firm added exceptional talent in last 12 months.
Cost Management — Non-Comp Expense Reduction
Adjusted non-compensation expense was $37 million in Q1, down 24% year-over-year; prior guidance of a single-digit percent decrease in full-year non-comp expense versus 2025 remains management's expectation.
Shareholder Returns and Strong Balance Sheet Metrics
Returned nearly $64 million to equity holders in the quarter via dividends and RSU settlements; declared a quarterly dividend of $0.07 per share; ended the quarter with $78 million in cash and no debt.
Participation in Mega-Cap Transactions
Firm was involved in 2 of the 12 transactions in the quarter valued at $15 billion or above; management noted the large-cap strategic M&A segment is healthy industry-wide (cited ~72 transactions >$10B last year and pacing for 80+ this year).
Clear Back-Half Recovery Plan and Compensation Normalization
Management expects revenue to be meaningfully back-half weighted for the year and expects adjusted compensation margin to moderate from 79% and return toward the historical ~67% target by year-end as revenues build.
PWP 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
PWP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2026 | $22.74 | $20.61 | -9.37% |
Feb 06, 2026 | $21.46 | $23.18 | +8.04% |
Nov 07, 2025 | $18.72 | $17.89 | -4.40% |
Aug 01, 2025 | $19.74 | $20.76 | +5.17% |
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 Perella Weinberg Partners (PWP) report earnings?
Perella Weinberg Partners (PWP) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Perella Weinberg Partners (PWP) earnings time?
Perella Weinberg Partners (PWP) earnings time is at Jul 30, 2026, Before Open (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 PWP EPS forecast?
PWP EPS forecast for the fiscal quarter 2026 (Q2) is 0.15.