The earnings call highlighted significant revenue and income growth, driven by strong performance in strategic advisory and restructuring segments. However, challenges in the PJT Park Hill segment, geopolitical risks, and rising operating expenses were noted as concerns.

Company Guidance

During the PJT Partners Third Quarter and 9 Months 2025 Earnings Conference Call, the company reported record financial results, with notable increases across several key metrics. Third quarter revenue reached $447 million, marking a 37% rise, while adjusted pretax income soared by 86% to $94 million, and adjusted EPS surged by 99% to $1.85 compared to the prior year. For the nine-month period, revenues climbed 16% to $1.18 billion, with adjusted pretax income and adjusted EPS growing by 34% and 43%, respectively. The firm's strategic advisory drove much of the revenue growth, while restructuring revenues also saw slight increases. Despite challenges such as geopolitical uncertainty and high interest rates, PJT Partners remains optimistic about the operating environment, supported by a strong capital markets backdrop. Looking ahead, the firm expects continued high demand for restructuring services and a strong performance from its strategic advisory business, while maintaining a disciplined approach to expenses.

Record-Breaking Revenue and Growth

Third quarter revenue was $447 million, up 37%. Adjusted pretax income was $94 million, up 86% and adjusted EPS was $1.85, up 99% from year-ago levels. For the 9 months, revenues increased 16% to $1.18 billion.

Strong Performance in Strategic Advisory

Strategic advisory delivered record revenues substantially above prior year levels with the average deal size up almost 40%.

Restructuring Segment Success

Restructuring revenues reached record levels, with expectations to meet or exceed last year's record results.

Improved Operating Margins

Adjusted pretax margin for the third quarter was 21% compared with 15.5% last year, and 19.5% for the first 9 months compared with 16.9% last year.

Share Repurchase and Strong Balance Sheet

Repurchased approximately 2.3 million shares year-to-date. Ended the quarter with $520 million in cash and no funded debt outstanding.

PJT Partners (PJT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PJT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 10, 2026	2025 (Q4)	2.27 / -	1.9	―	―	―
Nov 04, 2025	2025 (Q3)	1.40 / 1.85	0.93	98.92% (+0.92)
Jul 29, 2025	2025 (Q2)	1.43 / 1.54	1.19	29.41% (+0.35)
Apr 29, 2025	2025 (Q1)	1.01 / 1.05	0.98	7.14% (+0.07)
Feb 04, 2025	2024 (Q4)	1.13 / 1.90	0.96	97.92% (+0.94)
Oct 29, 2024	2024 (Q3)	0.91 / 0.93	0.78	19.23% (+0.15)
Jul 30, 2024	2024 (Q2)	0.69 / 1.19	0.99	20.20% (+0.20)
May 02, 2024	2024 (Q1)	0.45 / 0.98	0.54	81.48% (+0.44)
Feb 06, 2024	2023 (Q4)	0.88 / 0.96	1.08	-11.11% (-0.12)
Oct 31, 2023	2023 (Q3)	0.46 / 0.78	0.96	-18.75% (-0.18)

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

PJT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 04, 2025	$162.42	$163.42	+0.62%
Jul 29, 2025	$182.26	$177.27	-2.74%
Apr 29, 2025	$134.94	$141.03	+4.51%
Feb 04, 2025	$164.55	$172.95	+5.10%

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 PJT Partners Inc (PJT) report earnings?

PJT Partners Inc (PJT) is schdueled to report earning on Feb 10, 2026, Before Open (Confirmed).

What is PJT Partners Inc (PJT) earnings time?

PJT Partners Inc (PJT) earnings time is at Feb 10, 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 PJT EPS forecast?

PJT EPS forecast for the fiscal quarter 2025 (Q4) is 2.27.

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