PJT Partners' fourth quarter results prompted a negative market reaction, as revenue growth trailed analyst expectations despite strong performance across core business lines. Management cited record results in restructuring and PJT Park Hill for the quarter, attributing these gains to continued client demand for liability management and alternative capital solutions. CEO Paul Taubman described the quarter as a period of “record revenues, record adjusted pretax income, and record adjusted EPS,” while also acknowledging that elevated restructuring activity spans multiple sectors. CFO Helen Meates noted that increased expenses were driven by headcount growth and expanded office space in major financial hubs. Management’s prepared remarks emphasized both operational progress and the need for ongoing investment to extend market leadership.
Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
In a definitive signal that the investment banking winter has not only thawed but shifted into a high-intensity burn, Evercore (NYSE: EVR) reported a staggering Q4 2025 earnings beat this week, posting an adjusted earnings per share (EPS) of $5.13. The result, which blew past analyst estimates of $4.
Investment banking firm PJT Partners (NYSE:PJT) fell short of the markets revenue expectations in Q4 CY2025, but sales rose 12.1% year on year to $535.2 million. Its non-GAAP profit of $2.55 per share was 6.4% above analysts’ consensus estimates.
Shares of investment banking firm PJT Partners (NYSE:PJT) fell 6.9% in the morning session after the company reported mixed fourth-quarter 2025 results, where an earnings beat was overshadowed by a miss on revenue expectations.
Investment banking firm PJT Partners (NYSE:PJT) fell short of the markets revenue expectations in Q4 CY2025, but sales rose 12.1% year on year to $535.2 million. Its non-GAAP profit of $2.55 per share was 6.4% above analysts’ consensus estimates.
Lazard Inc (NYSE: LAZ) reported a blowout fourth-quarter for 2025, significantly exceeding analyst expectations as a resurgence in global deal-making and a robust expansion in its investment management business bolstered the firm’s bottom line. The financial powerhouse reported an adjusted earnings per share (EPS) of $0.80 for the
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
PJT Partners exemplifies quality investing with exceptional capital efficiency, a debt-free balance sheet, and strong cash flow conversion for long-term growth.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at PJT (NYSE:PJT) and the best and worst performers in the investment banking & brokerage industry.
Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
Looking back on investment banking & brokerage stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Morgan Stanley (NYSE:MS) and its peers.
Washington D.C. – December 11, 2025 – In a move aimed at bolstering a cooling economy, the Federal Reserve's Federal Open Market Committee (FOMC) delivered its third consecutive interest rate cut on December 10, 2025, lowering the benchmark federal funds rate by 25 basis points to a new target range of
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the investment banking & brokerage industry, including Evercore (NYSE:EVR) and its peers.
Let’s dig into the relative performance of Lazard (NYSE:LAZ) and its peers as we unravel the now-completed Q3 investment banking & brokerage earnings season.
A number of stocks jumped in the afternoon session after investors grew more optimistic about a potential Federal Reserve interest rate cut in December.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the investment banking & brokerage industry, including Houlihan Lokey (NYSE:HLI) and its peers.
