Earnings release
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PJT Partners Third Quarter Overview > > > PJT Partners Inc. Reports Third Quarter and Nine Months 2021 Results Total Revenues of $ 231 million , down 22 % from a year ago Advisory Revenues of $ 180 million , down 31 % Placement Revenues of $ 47 million , up 48 % GAAP Pretax Income of $ 48 million and Adjusted Pretax Income of $ 54 million GAAP Diluted EPS of $ 0.82 and Adjusted EPS of $ 0.98 Nine Months Overview Total Revenues of $ 679 million , down 7 % from a year ago Advisory Revenues of $ 530 million , down 13 % Placement Revenues of $ 138 million , up 30 % GAAP Pretax Income of $ 145 million and Adjusted Pretax Income of $ 161 million GAAP Diluted EPS of $ 2.72 and Adjusted EPS of $ 2.93 Capital Management and Balance Sheet > Repurchased approximately 2.9 million share equivalents YTD > $ 334 million of cash , cash equivalents and short - term investments PJT Paul J. Taubman , Chairman and Chief Executive Officer , said , " Our Strategic Advisory , PJT Park Hill and PJT Camberview businesses continue to deliver significant growth and are on track to achieve record 2021 results . Our quarterly results were challenged by particularly difficult comparisons in our Restructuring business when measured against last year's record levels . Looking forward , all of our businesses continue to be well positioned and we remain extremely confident in our future growth prospects . " New York , October 26 , 2021 : PJT Partners Inc. ( the " Company " or " PJT Partners ” ) ( NYSE : PJT ) today announced its financial results for the third quarter and nine months ended September 30 , 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