Perella Weinberg Q3 revenue beats estimates on fee events
PWP•Perella Weinberg Partners reported third-quarter revenue of $251.4 million, up 53% year over year and above analyst estimates of $178.94 million. Adjusted EPS was $0.39, beating the $0.14 estimate.
1. Quarterly results
Third-quarter revenue rose 53% year over year to $251.4 million, beating analyst estimates of $178.94 million. Adjusted EPS was $0.39, compared with the $0.14 estimate; reported EPS was $0.21. Revenue growth was driven by more fee-paying clients and large fee events.
2. Acquisition and outlook
The company closed its acquisition of Gleacher Shacklock, expanding its UK and European presence. Perella Weinberg Partners said it is carrying strong momentum into the fourth quarter and 2027, and expects about $7 million in business realignment cash payments by the end of 2026.
