NYSE$PJT
PJT Partners Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
PJT Partners Inc. reported a decrease in total revenues but an increase in placement revenues, and increased its quarterly dividend.
PJT Partners Inc. reported a decrease in total revenues for the fourth quarter of 2021, with advisory revenues declining but placement revenues increasing. The company's GAAP diluted EPS was $1.32, and adjusted EPS was $1.52. The Board of Directors increased the quarterly dividend to $0.25 per share.
- Total revenues decreased by 3% compared to the prior year quarter.
- Advisory revenues decreased by 11% compared to the prior year quarter.
- Placement revenues increased by 41% compared to the prior year quarter.
- The Board of Directors increased the quarterly dividend from $0.05 to $0.25 per share.
Headline financials
Revenue & EPS history
PJT · Revenue · Quarterly
$313M
Revenue by segment
PJT · $313M total across 3 segments · Q4 2021
- Advisory Fees$233M-10.8%74.2%
- Placement Fees$79.1M+40.7%25.2%
- Interest Income & Other$1.59M—0.5%
Forward guidance
PJT Partners is well positioned to resume its long-term growth trajectory, with Strategic Advisory, PJT Park Hill and PJT Camberview all set to deliver strong performance in 2022.
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 Q4 2021
+1.5%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.8%
Avg return
30 days after
62%
26 / 42 earnings
Positive
+14.0%
Q4 2016
Best reaction
-11.6%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.1% | -0.6% | -0.2% | |
| Q4 2025 | -7.5% | -6.6% | -16.1% | |
| Q3 2025 | +0.6% | +2.6% | +5.1% | |
| Q1 2025 | +4.5% | +6.0% | +11.5% | |
| Q4 2024 | +5.1% | +5.0% | -10.4% | |
| Q3 2024 | -2.3% | -1.0% | +17.1% | |
| Q2 2024 | +5.7% | -2.5% | -2.2% | |
| Q1 2024 | +6.4% | +6.3% | +14.0% | |
| Q4 2023 | -4.9% | -1.2% | +1.1% | |
| Q3 2023 | +10.0% | +13.4% | +22.9% | |
| Q2 2023 | +5.7% | -0.1% | -3.1% | |
| Q1 2023 | -11.6% | -10.9% | -4.2% | |
| Q4 2022 | -5.0% | -3.1% | -5.1% | |
| Q3 2022 | -5.3% | -3.0% | +3.8% | |
| Q2 2022 | +3.0% | +4.9% | +7.0% | |
| Q1 2022 | +4.0% | +1.0% | +13.9% | |
| Q4 2021 | -8.4% | -9.1% | -13.9% | |
| Q3 2021 | -10.3% | -8.1% | -9.3% | |
| Q2 2021 | +3.0% | +0.3% | +6.4% | |
| Q1 2021 | +5.1% | -0.3% | -0.5% | |
| Q4 2020 | -1.5% | -3.6% | -10.3% | |
| Q3 2020 | +1.2% | -1.0% | +4.6% | |
| Q2 2020 | +2.8% | +0.6% | +11.1% | |
| Q1 2020 | +11.2% | -0.9% | +15.5% | |
| Q4 2019 | +5.2% | +8.2% | -10.9% | |
| Q3 2019 | +6.8% | +4.9% | +8.7% | |
| Q2 2019 | +12.2% | +7.3% | +10.3% | |
| Q1 2019 | +1.3% | +4.2% | -14.4% | |
| Q4 2018 | -0.4% | -0.3% | -7.6% | |
| Q3 2018 | +6.2% | +7.0% | +11.2% | |
| Q2 2018 | +7.0% | +3.8% | +5.9% | |
| Q1 2018 | -2.3% | -5.2% | -0.4% | |
| Q4 2017 | +3.7% | +6.3% | +10.4% | |
| Q3 2017 | -3.2% | -2.2% | +8.9% | |
| Q2 2017 | -7.4% | -6.9% | -10.8% | |
| Q1 2017 | +5.4% | +4.4% | +14.6% | |
| Q4 2016 | +14.0% | +18.4% | +21.3% | |
| Q3 2016 | -3.4% | -2.0% | +6.8% | |
| Q2 2016 | -4.2% | -7.8% | -5.3% | |
| Q1 2016 | +9.1% | — | — | |
| Q4 2015 | +1.6% | — | — | |
| Q3 2015 | +0.2% | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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