NASDAQ$PWP
Perella Weinberg Partners · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
PWP's financial results for the third quarter ended September 30, 2023 were reported.
Perella Weinberg Partners reported revenues of $139 million for the third quarter of 2023, a 4% decrease compared to the same period last year. Adjusted EPS was $0.12, while GAAP Diluted EPS was $(0.27). The company's adjusted operating income margin was 8.5%, and the GAAP operating loss margin was (19.2)%.
- Revenues were $139 million, down 4% from a year ago.
- Adjusted operating income margin was 8.5%, while GAAP operating loss margin was (19.2)%.
- Adjusted EPS was $0.12; GAAP diluted EPS was $(0.27).
- The company continues to add senior bankers to expand client coverage and accelerate growth, adding six new partners and seven new managing directors year-to-date.
Headline financials
Revenue & EPS history
PWP · Revenue · Quarterly
$139M
Forward guidance
Company did not provide specific forward guidance in the earnings report.
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 Q3 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% |
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