| Perella Weinberg Partners (PWP) Q1 2025 Earnings Call Transcript |
Perella Weinberg Partners (NASDAQ:PWP ) Q1 2025 Earnings Conference Call May 2, 2025 9:00 AM ET Company Participants Taylor Reinhardt - Head, Communications & Marketing Andrew Bednar - Chief Executive Officer Alex Gottschalk - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens Bank Brendan O'Brien - Wolfe Research James Yaro - Goldman Sachs Operator Good morning, and welcome to the Perella Weinberg Partners First Quarter 2025 Earnings Conference Call. Currently all callers have been placed in a listen-only mode. |
seekingalpha.com |
2025-05-02 15:36:11 |
Czytaj oryginał (ang.) |
| Perella Weinberg to Announce First Quarter 2025 Financial Results and to Host Conference Call on May 2, 2025 |
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the first quarter 2025 on Friday, May 2, 2025, before the market opens. |
globenewswire.com |
2025-04-23 13:14:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners (PWP) Q4 2024 Earnings Call Transcript |
Perella Weinberg Partners (NASDAQ:PWP ) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Taylor Reinhardt - Head, Communications and Marketing Andrew Bednar - CEO Alex Gottschalk - CFO Conference Call Participants Devin Ryan - Citizens JMP Aidan Hall - KBW Brendan O'Brien - Wolfe Research James Yaro - Goldman Sachs Operator Good morning, and welcome to the Perella Weinberg Partners Full Year and Fourth Quarter Earnings Conference Call. Currently all callers have been placed in a listen-only mode. |
seekingalpha.com |
2025-02-07 15:34:37 |
Czytaj oryginał (ang.) |
| Perella Weinberg Reports Full Year and Fourth Quarter 2024 Results |
Financial Overview - Full Year Revenues of $878 Million, Up 35% From a Year Ago Adjusted Pre-Tax Income of $137 Million, GAAP Pre-Tax Loss of $(68) Million Adjusted EPS of $0.96; GAAP Diluted EPS of $(1.22) Financial Overview - Fourth Quarter Revenues of $226 Million, Up 6% From a Year Ago Adjusted Pre-Tax Income of $40 Million, GAAP Pre-Tax Income of $28 Million Adjusted EPS of $0.26; GAAP Diluted EPS of $0.30 Talent Investment Added Five Partners and Eleven Managing Directors in 2024 Capital Management Strong Balance Sheet with $407 Million of Cash and Short-Term Investments and No Debt Retired Approximately 14.5 Million Shares and Share Equivalents through Purchase, Exchange and Net Settlement in 2024 Returned $282 Million in Aggregate to Equity Holders in 2024 Declared Quarterly Dividend of $0.07 Per Share “Our record 2024 results were driven by strong momentum across our platform, with higher year-over-year revenue recorded in all service lines. Our clients place a high value on tailored, trusted advice and continue to select Perella Weinberg for their most transformative transactions. |
globenewswire.com |
2025-02-07 08:58:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg to Announce Full Year and Fourth Quarter 2024 Financial Results and to Host Conference Call on February 7, 2025 |
NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the full year and fourth quarter 2024 on Friday, February 7, 2025, before the market opens. |
globenewswire.com |
2025-01-24 09:00:00 |
Czytaj oryginał (ang.) |
| Erik Maris Joins Perella Weinberg |
NEW YORK and PARIS, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Erik Maris has joined the Firm's European practice and will work with its French and European Partners in providing strategic advice to clients across coverage sectors. |
globenewswire.com |
2024-11-18 03:00:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg: Aggressive Hiring Past And Present Paying Off |
Perella Weinberg reported a strong topline result, driven by aggressive senior banker hiring and corporate activity growth, despite lagging sponsor recovery. Revenues surged 100% in Q3, outpacing other boutiques, ahead also of significant increases in comp expenses allowing for a strong income lift. Trump's incoming presidency could boost Q4 and Q1 advisory business, though potential tariffs could impact inflation and sponsor recovery. |
seekingalpha.com |
2024-11-10 09:28:10 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners (PWP) Q3 2024 Earnings Call Transcript |
Perella Weinberg Partners (NASDAQ:PWP ) Q3 2024 Earnings Call November 8, 2024 9:00 AM ET Company Participants Taylor Reinhardt - Head, Communications and Marketing Andrew Bednar - Chief Executive Officer Alex Gottschalk - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Brendan O'Brien - Wolfe Research Aidan Hall - KBW James Yaro - Goldman Sachs Operator Good morning and welcome to the Perella Weinberg Partners Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today's call is being recorded. |
seekingalpha.com |
2024-11-08 16:57:08 |
Czytaj oryginał (ang.) |
| Perella Weinberg Reports Third Quarter 2024 Results |
Financial Overview - Third Quarter Revenues of $278 Million, Up 100% From a Year Ago Adjusted Pre-Tax Income of $52 Million, GAAP Pre-Tax Income of $36 Million Adjusted EPS of $0.34; GAAP Diluted EPS of $0.24 Financial Overview - Nine Months Revenues of $652 Million, Up 50% From a Year Ago Adjusted Pre-Tax Income of $97 Million, GAAP Pre-Tax Loss of $(96) Million Adjusted EPS of $0.69; GAAP Diluted EPS of $(1.61) Talent Investment Year-to-Date Added Five New Partners and Eleven New Managing Directors Capital Management Strong Balance Sheet with $335 Million of Cash, Cash Equivalents and Short-Term Investments and No Debt Year-to-Date Retired Approximately 12.3 Million Shares and Share Equivalents through Purchase, Exchange and Net Settlement Year-to-Date Returned $215 Million to Equity Holders Declared Quarterly Dividend of $0.07 Per Share “We delivered another record quarter and for the nine-month period produced the highest revenue in the Firm's history. Our performance demonstrates the strength of our franchise and the benefit of our increasing scale and broadening client coverage in an improving operating environment. |
globenewswire.com |
2024-11-08 08:58:00 |
Czytaj oryginał (ang.) |
| Michael Masterson Joins Perella Weinberg as Partner |
Appointment Strengthens Firm's Transportation, Leasing, and Logistics Coverage Appointment Strengthens Firm's Transportation, Leasing, and Logistics Coverage |
globenewswire.com |
2024-11-04 10:03:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg to Announce Third Quarter 2024 Financial Results and to Host Conference Call on November 8, 2024 |
NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the third quarter 2024 on Friday, November 8, 2024, before the market opens. |
globenewswire.com |
2024-10-25 12:19:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg: Management Downplaying Q2 Outperformance |
PWP had a great quarter, but management is playing it down because the timing effects of big and idiosyncratic closures have quite a bit to do with it. Perella Weinberg is likely to have a strong performance this year on the back of solid M&A positioning and restructuring, but the hope is for a sponsor market pickup. Valuation is alright, but it's not great due to substantial dilutive effects. It's relatively expensive within the pack, although not the most expensive. So it's a pass for now. |
seekingalpha.com |
2024-08-05 07:56:53 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners (PWP) Q2 2024 Earnings Call Transcript |
Perella Weinberg Partners (PWP) Q2 2024 Earnings Call Transcript |
seekingalpha.com |
2024-08-03 20:45:26 |
Czytaj oryginał (ang.) |
| Perella Weinberg Reports Second Quarter 2024 Results |
Financial Overview - Second Quarter Revenues of $272 Million, Up 64% From a Year Ago Adjusted Pre-Tax Income of $63 Million, GAAP Pre-Tax Loss of $(81) Million Adjusted EPS of $0.43; GAAP Diluted EPS of $(1.21) Financial Overview - First Half Revenues of $374 Million, Up 26% From a Year Ago Adjusted Pre-Tax Income of $45 Million, GAAP Pre-Tax Loss of $(132) Million Adjusted EPS of $0.34; GAAP Diluted EPS of $(1.96) Talent Investment Year-to-Date Added Three New Partners and Nine New Managing Directors Two Additional Partners and One Additional Managing Director Joining Firm Later This Year Capital Management Strong Balance Sheet with $185 Million of Cash and No Debt Year-to-Date Retired Approximately 10.4 Million Share Equivalents through Purchase, Exchange and Net Settlement 85.8 Million Shares Outstanding at June 30, 2024, Down from 94.2 Million at March 31, 2024 Year-to-Date Returned $162 Million in Total to Equity Holders Declared Quarterly Dividend of $0.07 Per Share “We delivered strong results, with revenues hitting a quarterly record for the Firm. We continue to execute on our scaling strategy through steady and deliberate investment in talent to increase our client coverage footprint and we are encouraged by the momentum across our business – our results reflect the combined impact of an improving market environment with the right coverage, product and geographic teams in place across our platform,” stated Andrew Bednar, Chief Executive Officer. |
globenewswire.com |
2024-08-02 10:59:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg Announces Partner Promotions |
NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced the promotion of four Managing Directors to Partners of the Firm. |
globenewswire.com |
2024-07-25 11:00:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg to Announce Second Quarter 2024 Financial Results and to Host Conference Call on August 2, 2024 |
NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the second quarter 2024 on Friday, August 2, 2024, before the market opens. |
globenewswire.com |
2024-07-19 11:28:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners (PWP) Q1 2024 Earnings Call Transcript |
Perella Weinberg Partners (NASDAQ:PWP ) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Taylor Reinhardt - Head of Communications & Marketing Andrew Bednar - Chief Executive Officer Alex Gottschalk - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Steven Chubak - Wolfe Research Aidan Hall - KBW James Yaro - Goldman Sachs Operator Good morning, and welcome to the Perella Weinberg First Quarter 2024 Earnings Conference Call. During today's discussion, all callers will be placed in listen only mode and following management's prepared remarks, the conference call will be open for question from the research community. |
seekingalpha.com |
2024-05-03 17:53:09 |
Czytaj oryginał (ang.) |
| Perella Weinberg Reports First Quarter 2024 Results |
Financial Overview - First Quarter Revenues of $102 Million, Down 22% From a Year Ago Adjusted Pre-Tax Loss of $(18) Million, GAAP Pre-Tax Loss of $(51) Million Adjusted EPS of $(0.10); GAAP Diluted EPS of $(0.91) Capital Management Strong Balance Sheet with $157 Million of Cash and No Debt Repurchased Approximately 2 Million Share Equivalents Declared Quarterly Dividend of $0.07 Per Share Returned $32 Million in Total to Equity Holders “Momentum continued across our businesses during the quarter. We advised on three of the fifteen announced transactions year-to-date valued over $10 billion and our announced and pending transaction revenue backlog today is at a record high. |
globenewswire.com |
2024-05-03 10:58:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg to Announce First Quarter 2024 Financial Results and to Host Conference Call on May 3, 2024 |
NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the first quarter 2024 on Friday, May 3, 2024, before the market opens. |
globenewswire.com |
2024-04-19 11:28:00 |
Czytaj oryginał (ang.) |
| David Higley Joins Perella Weinberg as Partner |
Appointment Strengthens Firm's Global Media & Technology Capabilities Appointment Strengthens Firm's Global Media & Technology Capabilities |
globenewswire.com |
2024-04-02 11:00:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners Prices Upsized Public Offering of Class A Common Stock |
NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (Nasdaq: PWP), a leading global independent advisory firm, today announced the pricing of its upsized public offering of 5,000,000 shares of Class A common stock at a public offering price of $12.00 per share (the “Offering”). In addition, the Company has granted the underwriter a 30-day option to purchase up to an additional 750,000 shares of its Class A common stock at the public offering price, less underwriting discounts and commissions. The Offering is expected to close on March 1, 2024, subject to customary closing conditions. |
globenewswire.com |
2024-02-27 22:08:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners Commences Public Offering of Class A Common Stock |
NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Company” or “PWP”) (Nasdaq: PWP), a leading global independent advisory firm, today announced that it has commenced a public offering of 4,500,000 shares of Class A common stock (the “Offering”). In addition, the Company expects to grant the underwriter a 30-day option to purchase an additional 675,000 shares of its Class A common stock in the Offering. The proposed Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. |
globenewswire.com |
2024-02-27 18:01:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg to Present at the Bank of America 2024 Financial Services Conference |
NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that Andrew Bednar, Partner and Chief Executive Officer, will present at the Bank of America 2024 Financial Services Conference on Wednesday, February 21, 2024 at 4:10PM ET. |
globenewswire.com |
2024-02-14 09:09:00 |
Czytaj oryginał (ang.) |
| Perella Weinberg Partners (PWP) Q4 2023 Earnings Call Transcript |
Perella Weinberg Partners (PWP) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-02-08 23:55:04 |
Czytaj oryginał (ang.) |
| Perella Weinberg Reports Full Year and Fourth Quarter 2023 Results |
Financial Overview - Full Year Revenues of $649 Million, Up 3% From a Year Ago Adjusted Pre-tax Income of $55 Million, GAAP Pre-tax Loss of $(113) Million Adjusted EPS of $0.45; GAAP Diluted EPS of $(1.33) Financial Overview - Fourth Quarter Revenues of $213 Million, Up 16% From a Year Ago Adjusted Pre-tax Income of $11 Million, GAAP Pre-tax Loss of $(44) Million Adjusted EPS of $0.08; GAAP Diluted EPS of $(0.49) Talent Investment Continue to Add Senior Bankers to Expand Client Coverage Footprint and Accelerate Growth Added Seven Partners and Seven Managing Directors in 2023 Capital Management Strong Balance Sheet with $338 Million of Cash and Short-Term Investments and No Debt Repurchased 4 Million Shares and Equivalents in 2023 Returned $65 Million in total to equity holders in 2023 Declared Quarterly Dividend of $0.07 Per Share “We are pleased with our 2023 financial performance, having delivered year-over-year revenue growth in challenging market conditions, demonstrating that we are a trusted and valued partner to our clients in any environment. We begin 2024 with positive momentum, evidenced by our growing transaction backlog and our leading role in recently announced transactions,” stated Andrew Bednar, Chief Executive Officer. |
globenewswire.com |
2024-02-08 08:58:00 |
Czytaj oryginał (ang.) |