Earnings release
Page 1
PJT Partners Exhibit 99.1 PjJ PJT Partners Inc. Reports Record Second Quarter and Six Months 2021 Results ; Declares Special Dividend of $ 3.00 Per Share Second Quarter Highlights > Total Revenues of $ 241 million , up 3 % from a year ago > > Advisory Revenues of $ 198 million , up 3 % Placement Revenues of $ 40 million , up 14 % GAAP Pretax Income of $ 52 million and Adjusted Pretax Income of $ 58 million , up 6 % and 5 % , respectively GAAP Diluted EPS of $ 0.89 and Adjusted EPS of $ 1.06 , up 3 % and 6 % , respectively Six Month Highlights > Total Revenues of $ 447 million , up 3 % from a year ago Advisory Revenues of $ 350 million , slightly higher than the prior year > Placement Revenues of $ 91 million , up 22 % GAAP Pretax Income of $ 96 million and Adjusted Pretax Income of $ 107 million , up 16 % and 14 % , respectively > GAAP Diluted EPS of $ 1.91 and Adjusted EPS of $ 1.95 , up 19 % and 13 % , respectively Capital Management and Balance Sheet > Repurchased approximately 2.3 million share equivalents YTD > $ 212 million of cash , cash equivalents and short - term investments Declared a $ 3.00 per share special dividend , to be paid in October 2021 Media Relations : Julie Oakes Joele Frank , Wilkinson Brimmer Katcher Tel : +1 212.355.4449 PJT-JF@joelefrank.com Investor Relations : Sharon Pearson PJT Partners Inc. Tel : +1 212.364.7120 pearson@pjtpartners.com