Piper Sandler (PIPR) reported Q1 adjusted earnings Friday of $4.09 per diluted share, up from $2.79 a year earlier.
Three analysts polled by FactSet expected $2.65.
Net revenue for the quarter ended March 31 was $357.3 million, up from $343.1 million a year earlier.
Four analysts surveyed by FactSet expected $363.0 million.
The investment bank also maintained a quarterly dividend of $0.65 per share, payable June 13 to shareholders of record as of May 30.
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