Perella Weinberg Swings to Q1 Profit, Revenue Rises; Shares Up

MT Newswires Live

05-02

Perella Weinberg Partners (PWP) reported Q1 adjusted earnings Friday of $0.28 per share, swinging from a loss of $0.73 a year earlier.

No comparable FactSet estimates were available.

Revenue for the quarter ended March 31 was $211.8 million, up from $102.1 million a year earlier.

Analysts surveyed by FactSet expected $205.5 million.

Shares of the company were up over 6.7% in recent Friday premarket activity.

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