NYSE:PJTCapital Markets
PJT Partners (PJT): Profit Margin Jump Reinforces Bullish Market View
PJT Partners (PJT) posted a net profit margin of 10.7%, up from 8% last year, signaling improved profitability. Earnings are on a tear, with annual growth hitting 64.9%, far exceeding the firm’s 5-year average of 6.4% per year and pointing to a period of rapid acceleration. Despite this robust earnings momentum, analysts expect future earnings to contract by 2.8% per year while revenue growth is forecast at 8.6%, trailing the broader US market’s 10.5% pace. This may lead investors to...