Financial advisory firm Perella Weinberg Partners (NASDAQ:PWP) will be reporting earnings this Friday morning. Here’s what you need to know.
Perella Weinberg missed analysts’ revenue expectations by 8.4% last quarter, reporting revenues of $164.6 million, down 40.8% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EPS estimates.
Is Perella Weinberg a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Perella Weinberg’s revenue to decline 23.9% year on year to $171.6 million, a reversal from the 6.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.10 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Perella Weinberg has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Perella Weinberg’s peers in the investment banking & brokerage segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Moelis delivered year-on-year revenue growth of 11.2%, beating analysts’ expectations by 10%, and Evercore reported revenues up 32.4%, topping estimates by 16%.
Read our full analysis of Moelis’s results here and Evercore’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the investment banking & brokerage stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.1% on average over the last month. Perella Weinberg is up 18.7% during the same time and is heading into earnings with an average analyst price target of $23 (compared to the current share price of $22.33).
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