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Perella Weinberg Partners (PWP)
NASDAQ:PWP
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.21Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 07, 2025
|% Change Since: -9.93%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance year for Perella Weinberg Partners with record-breaking revenues and significant returns to shareholders. The firm demonstrated leadership in its M&A and restructuring segments, and maintained a solid financial position with no debt. However, there were challenges such as increased non-compensation expenses, recruitment issues, and a cautious outlook on interest rates which balanced the overall sentiment.Company Guidance
During the earnings call, Perella Weinberg Partners provided several key metrics and insights into their performance and future expectations. The firm reported record full-year 2024 revenues of $878 million, a 35% increase year over year, and a 10% rise from their previous record, driven by strong contributions across all business lines, particularly in the U.S. They achieved a $20 stock price and exceeded a $2 billion market cap. The adjusted compensation margin was 67% for 2024, down from 70% in 2023, while adjusted non-compensation expenses rose to $162 million, a 13% increase. The company returned a record $282 million to equity holders in 2024. Looking ahead to 2025, they anticipate continued growth in the M&A market, supported by increased activity in Europe, despite potential volatility from U.S. policy decisions. Additionally, they expect non-compensation expenses to moderate to single-digit growth, with a focus on expanding senior talent to maintain productivity and scale their business further.Record-Breaking Revenue
Perella Weinberg Partners reported full year 2024 revenues of $878 million, the highest in the firm's history, up 35% year over year and up 10% from the previous record.
Achievement in M&A and Restructuring
The firm earned its single largest fees in both M&A and restructuring businesses, and was ranked number four boutique by global deal volume by DealLogic, and number one in announced restructurings by Debtwire.
Significant Return to Shareholders
In 2024, Perella Weinberg Partners returned a record $282 million to equity holders, more than double the previous annual high, and declared a quarterly dividend of seven cents per share.
Strong Performance in U.S. Business
U.S. business led the results, with increased activity also noted in Europe in early 2025.
No Debt and Strong Cash Position
The firm ended the year with $407 million in cash and short-term investments, with no debt.
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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
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PWP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 07, 2025 | $26.08 | $24.32 | -6.75% |
| Nov 08, 2024 | $23.74 | $24.29 | +2.32% |
| Aug 02, 2024 | $18.12 | $17.68 | -2.43% |
| May 03, 2024 | $14.83 | $14.51 | -2.16% |
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.
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FAQ
When does Perella Weinberg Partners (PWP) report earnings?
Perella Weinberg Partners (PWP) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Perella Weinberg Partners (PWP) earnings time?
Perella Weinberg Partners (PWP) earnings time is at May 01, 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 PWP EPS forecast?
PWP EPS forecast for the fiscal quarter 2025 (Q1) is 0.21.
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