Perella Weinberg Partners Reports Q1 Revenue Surge of 107% to $212M; Adjusted EPS Rises to $0.28

Reuters
05-02
Perella Weinberg Partners Reports Q1 Revenue Surge of 107% to $212M; Adjusted EPS Rises to $0.28

Perella Weinberg Partners reported strong financial results for the first quarter of 2025, with revenues reaching $211.8 million, marking a significant increase of 107% from the $102.1 million recorded in the same period of 2024. This growth was driven by larger transactions and related fee events across various product lines, sectors, and geographies. The company's adjusted pre-tax income stood at $21 million, compared to a GAAP pre-tax income of $12 million. Additionally, Perella Weinberg achieved an adjusted earnings per share $(EPS)$ of $0.28 and a GAAP diluted EPS of $0.24. The firm also reported robust capital management, retiring over five million shares and share equivalents through purchase, exchange, and net settlement, and returning $121 million in aggregate to equity holders. A quarterly dividend of $0.07 per share was declared. Perella Weinberg remains financially strong with $111 million in cash and no debt as of March 31, 2025. The firm also announced the addition of four managing directors year-to-date, with plans for two additional partners and two more managing directors to join in the coming months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perella Weinberg Partners published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9443468-en) on May 02, 2025, and is solely responsible for the information contained therein.

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