NASDAQ$PWP
Perella Weinberg Partners · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
PWP's financial performance declined in Q2 2022 due to reduced M&A activity and lower restructuring advice compared to a record Q2 2021.
Perella Weinberg Partners reported a decrease in revenues and net income for the second quarter of 2022, compared to the same period in 2021. Revenues decreased by 41% to $151.1 million, and GAAP net income decreased to $2.7 million. The decline was attributed to a reduction in mergers and acquisition activity and a decrease in average fee size per client.
- Second quarter revenues were $151.1 million, a 41% decrease year-over-year.
- Adjusted operating income margin was 15.4% for the second quarter.
- GAAP net income was $2.7 million, while adjusted net income was $23.1 million for the second quarter.
- The company repurchased shares and share equivalents, returning $51.7 million in capital during the first six months of 2022.
Headline financials
Revenue & EPS history
PWP · Revenue · Quarterly
$151M
Forward guidance
The company is focused on capitalizing on future growth opportunities and will use the current operating environment to accelerate investment in its business. They are committed to supporting clients and providing long-term value to shareholders.
Tailwinds
- The company has made great strides towards its strategic vision.
- The company has expanded its partner base.
- The company has returned capital to shareholders.
- The company is well positioned to capitalize on future growth opportunities.
- The company will use the current operating environment to its advantage to accelerate investment in our business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+1.6%
Avg return
Earnings day
+1.1%
Avg return
5 days after
-0.5%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+11.7%
Q2 2022
Best reaction
-17.7%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.1% | -15.0% | -24.6% | |
| Q4 2025 | +8.0% | +10.1% | -20.1% | |
| Q3 2025 | -4.6% | +2.7% | -1.2% | |
| Q1 2025 | +2.4% | -2.8% | +0.7% | |
| Q4 2024 | -6.8% | -12.0% | -22.5% | |
| Q3 2024 | +6.7% | +4.9% | +7.2% | |
| Q2 2024 | -5.7% | -9.1% | +6.9% | |
| Q1 2024 | -2.7% | -0.6% | +2.7% | |
| Q4 2023 | +8.9% | +6.3% | +13.5% | |
| Q3 2023 | +6.4% | +2.2% | +17.7% | |
| Q2 2023 | +8.5% | +9.1% | +5.9% | |
| Q1 2023 | +10.5% | +10.5% | +13.3% | |
| Q4 2022 | +4.5% | +10.5% | -11.0% | |
| Q3 2022 | +5.9% | +6.2% | +25.7% | |
| Q2 2022 | +11.7% | +9.7% | -4.0% | |
| Q1 2022 | -17.7% | -17.4% | -5.6% | |
| Q4 2021 | +0.6% | -2.0% | -16.3% | |
| Q3 2021 | -2.0% | +0.1% | -15.6% | |
| Q2 2021 | +5.6% | +2.2% | +6.1% | |
| Q1 2021 | -0.2% | +5.9% | +10.8% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro