STOCK TITAN

Perella Weinberg Partners - PWP STOCK NEWS

Welcome to our dedicated page for Perella Weinberg Partners news (Ticker: PWP), a resource for investors and traders seeking the latest updates and insights on Perella Weinberg Partners stock.

Perella Weinberg Partners L.P. (PWP) is a prominent global financial services firm that specializes in investment banking advisory services. Established in 2006 by industry veterans Joseph R. Perella, Peter A. Weinberg, and Terry Meguid, PWP has carved a niche for itself as an independent advisory firm offering comprehensive strategic and financial guidance to a varied client base. The firm went public in 2021, further solidifying its position in the financial sector.

PWP’s core business revolves around providing expert advice on strategic and financial decisions, mergers and acquisitions execution, shareholder and defense advisory, and financing and capital solutions. With a dedicated focus on restructuring and liability management, PWP stands out for its capital markets advisory, private capital placements, and specialized underwriting and research services, particularly within the energy sector and related industries.

Recent achievements highlight PWP's robust financial health and strategic initiatives. For the third quarter ending September 30, 2023, and the full year and fourth quarter ending December 31, 2023, PWP reported significant financial results, emphasizing revenue growth, prudent expense management, and strategic talent investments. These results are a testament to the firm’s enduring commitment to delivering value to its stakeholders.

PWP continues to bolster its capabilities with strategic appointments, enhancing its global media and technology services. The firm’s forward-looking approach is evident in its ongoing projects and collaborations, positioning itself as a trusted advisor in the dynamic financial landscape.

For the latest updates and detailed financial overviews, investors and interested parties can reach out via their dedicated contacts for investor relations and media inquiries: investors@pwpartners.com and media@pwpartners.com.

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
Tags
-
Rhea-AI Summary
Perella Weinberg Partners plans to release its financial results for Q2 2023 on August 3. A conference call and webcast to review the results will be held at 9:00AM ET. A replay of the call will be available until August 10.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
conferences earnings
-
Rhea-AI Summary
Perella Weinberg Partners (Nasdaq: PWP) has announced the appointment of Christopher Doolin as a Partner in the Advisory Business. Doolin will work in the Firm’s Industrials Group and provide strategic and financial advice to clients globally across the Business and Consumer Services sectors. He brings over 15 years of investment banking experience and will strengthen PWP’s Industrials Practice.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
none
-
Rhea-AI Summary
Perella Weinberg Partners (PWP) reported Q1 2023 financial results, with revenues of $131M, down 13% YoY. Adjusted EPS was $0.09, while GAAP Diluted EPS was $(0.37). The firm continues to invest in talent to drive revenue growth. PWP has a strong balance sheet with $130M in cash and short-term investments and no debt. They repurchased 2.6M shares and declared a quarterly dividend of $0.07 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.78%
Tags
-
Rhea-AI Summary

Perella Weinberg Partners (PWP) plans to release its financial results for the first quarter of 2023 on May 4, 2023, before the market opens. Management will host a conference call and webcast at 9:00 AM ET on the same day to discuss the results. The call will be accessible to the public, and a replay will be available two hours after the live call until May 11, 2023. As a leading independent advisory firm, PWP provides strategic and financial advice to various clients, including corporations and governments, and operates globally with over 650 employees across multiple locations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
conferences earnings
Rhea-AI Summary

Perella Weinberg Partners (PWP) reported full year 2022 revenues of $631.5 million, down 21% from 2021's record revenue of $801.7 million. The fourth quarter revenue was $183.1 million, an 8% decline year-over-year. The firm posted a GAAP net loss of $(31.7) million for the year, compared to a net income of $4 million in 2021. Adjusted net income for the year was $81.6 million, with an adjusted EPS of $0.78. Despite challenges, PWP returned $104 million to shareholders through buybacks and dividends, and declared a quarterly dividend of $0.07 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.52%
Tags
buyback
-
Rhea-AI Summary

Perella Weinberg Partners (NASDAQ:PWP) has announced that Peter Weinberg, Founding Partner and Chairman, will present at the Bank of America Securities 2023 Financial Services Conference on February 16, 2023, at 1:40 PM ET. A live webcast of the event will be accessible on PWP’s investor website. For those unable to attend, a replay will be available shortly after the presentation.

PWP is a prominent global independent advisory firm offering strategic financial advice across various sectors. With approximately 650 employees, the firm operates in multiple cities, including New York, London, and San Francisco.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
conferences
-
Rhea-AI Summary

Perella Weinberg Partners (NASDAQ:PWP) announced that CEO Andrew Bednar will present at the Credit Suisse 24th Annual Financial Services Forum on February 15, 2023, at 8:35 AM ET. The event will be webcast live, and interested parties can access it via PWP’s Investor Relations website. A replay will also be available shortly after the presentation.

PWP is a global independent advisory firm offering strategic and financial advice to a diverse clientele, including corporations, institutions, and governments. With around 650 employees in multiple offices worldwide, PWP is well-positioned in various active industry sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
conferences
Rhea-AI Summary

Perella Weinberg Partners (NASDAQ:PWP) plans to release its financial results for the full year and fourth quarter of 2022 on February 9, 2023, prior to market opening. A conference call and webcast to discuss the results will take place at 9:00 AM ET on the same day, accessible through the Investors section of PWP's website. A replay of the call will be available starting two hours after the live event until February 16, 2023. PWP is a leading independent advisory firm providing strategic and financial advice to a diverse global client base, with approximately 650 employees across key cities worldwide.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
conferences earnings

FAQ

What is the current stock price of Perella Weinberg Partners (PWP)?

The current stock price of Perella Weinberg Partners (PWP) is $20.42 as of November 4, 2024.

What is the market cap of Perella Weinberg Partners (PWP)?

The market cap of Perella Weinberg Partners (PWP) is approximately 1.1B.

What services does Perella Weinberg Partners provide?

PWP offers strategic and financial advice, mergers and acquisitions execution, shareholder and defense advisory, financing and capital solutions, and specialized services within the energy sector.

When was Perella Weinberg Partners founded?

PWP was founded in 2006 by Joseph R. Perella, Peter A. Weinberg, and Terry Meguid.

When did Perella Weinberg Partners go public?

PWP went public in 2021.

Who are the founders of Perella Weinberg Partners?

The firm was founded by Joseph R. Perella, Peter A. Weinberg, and Terry Meguid.

How does PWP distinguish itself in the financial services industry?

PWP is known for its independent advisory role and expertise in strategic and financial decisions, particularly within the energy sector.

What recent financial results has PWP reported?

PWP reported significant financial results for the third quarter ending September 30, 2023, and for the full year and fourth quarter ending December 31, 2023.

How can I contact Perella Weinberg Partners for investor relations?

You can contact PWP for investor relations via email at investors@pwpartners.com.

What recent strategic actions has PWP undertaken?

PWP has been investing in talent and enhancing its global media and technology capabilities through strategic appointments.

Does PWP offer specialized services for any particular industry?

Yes, PWP offers specialized underwriting and research services, particularly for the energy and related industries.

How can I stay updated with the latest news from PWP?

You can stay updated by visiting stock market websites like StockTitan and by reaching out to their media contact at media@pwpartners.com.

Perella Weinberg Partners

Nasdaq:PWP

PWP Rankings

PWP Stock Data

1.12B
52.54M
4.01%
94.5%
5.93%
Capital Markets
Finance Services
Link
United States of America
NEW YORK