NASDAQ$PWP
Perella Weinberg Partners · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
PWP's revenue increased and adjusted EPS was positive, reflecting growth in a challenging M&A market.
Perella Weinberg Partners reported a 10% increase in revenues compared to the previous year, driven by increased mergers and acquisition activity. The adjusted EPS was $0.16, while the GAAP diluted EPS was $(0.19). The firm continues to invest in talent and manage capital effectively, with a strong balance sheet and no debt.
- Revenues increased by 10% year-over-year to $166 million.
- Adjusted Operating Income Margin was 9.4%, while GAAP Operating Loss Margin was (13.1)%.
- Adjusted EPS was $0.16, and GAAP Diluted EPS was $(0.19).
- The company maintains a strong balance sheet with $180 million in cash and short-term investments and no debt.
Headline financials
Revenue & EPS history
PWP · Revenue · Quarterly
$166M
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 2023
+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
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