NasdaqGS - Nasdaq Real Time Price • USD Perella Weinberg Partners (PWP) Follow Compare 24.57 -0.66 (-2.62%) At close: December 13 at 4:00:01 PM EST 24.57 0.00 (0.00%) After hours: December 13 at 4:20:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Trump’s Commerce Pick Hawked Buzzy Investments That Went Bust Cantor Fitzgerald CEO Howard Lutnick was pitching a startup that said it made a key component of self-driving cars, which would soon be valued at $2 billion. “I’m brilliantly successful because I select brilliantly,” Lutnick said during a 2021 video call selling investors on AEye which had almost no revenue at the time. Lutnick was behind a blank-check company, or SPAC, that planned to merge with AEye to take it public. Erik Maris Joins Perella Weinberg NEW YORK and PARIS, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Erik Maris has joined the Firm’s European practice and will work with its French and European Partners in providing strategic advice to clients across coverage sectors. “Erik is an industry leader with extensive relationships, an impressive reputation, and a proven track record,” said Cyrille Perard, Partner and President of the Paris Bur Perella Weinberg Partners (NASDAQ:PWP) Is Paying Out A Dividend Of $0.07 Perella Weinberg Partners' ( NASDAQ:PWP ) investors are due to receive a payment of $0.07 per share on 18th of... Perella Weinberg Partners (PWP) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic ... Perella Weinberg Partners (PWP) reports a record quarterly revenue with strategic investments driving growth, despite high compensation ratios and recruiting challenges. Perella Weinberg Partners Third Quarter 2024 Earnings: EPS: US$0.29 (vs US$0.048 loss in 3Q 2023) Perella Weinberg Partners ( NASDAQ:PWP ) Third Quarter 2024 Results Key Financial Results Revenue: US$278.2m (up 100... Perella Weinberg Reports Third Quarter 2024 Results Financial Overview - Third Quarter Revenues of $278 Million, Up 100% From a Year AgoAdjusted Pre-Tax Income of $52 Million, GAAP Pre-Tax Income of $36 MillionAdjusted EPS of $0.34; GAAP Diluted EPS of $0.24 Financial Overview - Nine Months Revenues of $652 Million, Up 50% From a Year AgoAdjusted Pre-Tax Income of $97 Million, GAAP Pre-Tax Loss of $(96) MillionAdjusted EPS of $0.69; GAAP Diluted EPS of $(1.61) Talent Investment Year-to-Date Added Five New Partners and Eleven New Managing Director Michael Masterson Joins Perella Weinberg as Partner Appointment Strengthens Firm’s Transportation, Leasing, and Logistics CoverageNEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Michael Masterson has joined the Firm as a Partner in the Advisory Business. Based in New York, Mr. Masterson will join the Firm’s Industrials practice and provide strategic advice to clients globally across the transportation, leasing, and logistics sector. Mr. Masterson Perella Weinberg to Announce Third Quarter 2024 Financial Results and to Host Conference Call on November 8, 2024 NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the third quarter 2024 on Friday, November 8, 2024, before the market opens. Conference Call and WebcastManagement will host a conference call and webcast to review Perella Weinberg’s results on the same day at 9:00AM ET. A webcast of the conference call will be available to the public on a listen-only b Perella Weinberg Partners (PWP) Q2 2024 Earnings Call Highlights: Record Revenue Surge and ... Perella Weinberg Partners (PWP) reports a 64% year-over-year revenue increase, strong cash position, and strategic talent acquisitions amid market challenges. The banks best positioned to benefit from easing rates: Expert JPMorgan (JPM), Wells Fargo (WFC), and BNY Mellon (BK) will kick off the third quarter earnings season on Friday. Citizens JMP director of financial technology research Devin Ryan joins Market Domination to break down what investors can expect from these earnings and his top plays in the sector. After the Federal Reserve delivered a 50-basis-point cut in September, Ryan explains, "What you earn on your cash on the asset side of the equation is going to come down a little bit. But the flip side is the deposit costs are going to come down as well." Thus, he points to names like Charles Schwab (SCHW) that are in a position to benefit after underperforming in the last year. "Even though on one hand, they are going to see a little bit of a lower asset yield on some of their short-term stuff, the longer-term securities are rolling off and they're going to reprice higher," Ryan tells Yahoo Finance. He adds, "And then they have this funding cost dynamic where customer, essentially cash deposits, have been going out the door to money markets. And I think that's going to stop as well." In addition, Ryan notes that capital markets have been "very depressed." As interest rates continue to fall, companies will likely decrease their financing, and in turn, financials could see a rise in M&A (mergers and acquisitions) activity. He also points to Goldman Sachs (GS) as another great opportunity, as he is bullish on its alternative asset management business. "The alternative asset managers trade at 25 times or more on forward earnings. So as that part of their business becomes more meaningful, that's going to move the needle," Ryan argues. Ryan highlights Perella Weinberg (PWP) as a small-cap play in the sector. He explains, "It's a small advisory boutique trading at 13 times our estimate for next year. The peers are over 20 times. So I think they're going to close that valuation gap, so there's a lot of upside still there." Watch the video above to hear what Ryan thinks is in store for LPL Financial (LPLA) as it grapples with a leadership shakeup. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl Susan Roddy Joins Perella Weinberg as Partner Appointment Strengthens Firm’s Consumer and Retail BusinessNEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Susan Roddy has joined the Firm as a Partner in the Advisory Business. Based in New York, Ms. Roddy will serve as Co-Head of the Firm’s Consumer & Retail practice, providing strategic advice to clients globally in the consumer health, wellness, beauty, and personal care sectors. Ms. Roddy Perella Weinberg Partners Second Quarter 2024 Earnings: US$1.21 loss per share (vs US$0.008 profit in 2Q 2023) Perella Weinberg Partners ( NASDAQ:PWP ) Second Quarter 2024 Results Key Financial Results Revenue: US$272.0m (up 64... Perella Weinberg Reports Second Quarter 2024 Results Financial Overview - Second Quarter Revenues of $272 Million, Up 64% From a Year AgoAdjusted Pre-Tax Income of $63 Million, GAAP Pre-Tax Loss of $(81) MillionAdjusted EPS of $0.43; GAAP Diluted EPS of $(1.21) Financial Overview - First Half Revenues of $374 Million, Up 26% From a Year AgoAdjusted Pre-Tax Income of $45 Million, GAAP Pre-Tax Loss of $(132) MillionAdjusted EPS of $0.34; GAAP Diluted EPS of $(1.96) Talent Investment Year-to-Date Added Three New Partners and Nine New Managing Directo Perella Weinberg Announces Partner Promotions NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced the promotion of four Managing Directors to Partners of the Firm. William Glass – Healthcare, New YorkAlexandra Gottschalk – Chief Financial Officer, HoustonSam Tanzer – Financing & Capital Solutions, New YorkRebekah Weissburg – Chief Human Resources Officer, New York “We are pleased to announce the promotion of Will, Alex, Sam and Rebekah to Partner. Ea Perella Weinberg to Announce Second Quarter 2024 Financial Results and to Host Conference Call on August 2, 2024 NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the second quarter 2024 on Friday, August 2, 2024, before the market opens. Conference Call and WebcastManagement will host a conference call and webcast to review Perella Weinberg’s results on the same day at 9:00AM ET. A webcast of the conference call will be available to the public on a listen-only ba Perella Weinberg Partners Reports Challenging Q1 2024 Results, Missing Analyst Estimates Financial Performance and Strategic Initiatives Under Review Amid Market Challenges Perella Weinberg Reports First Quarter 2024 Results Financial Overview - First Quarter Revenues of $102 Million, Down 22% From a Year AgoAdjusted Pre-Tax Loss of $(18) Million, GAAP Pre-Tax Loss of $(51) MillionAdjusted EPS of $(0.10); GAAP Diluted EPS of $(0.91) Capital Management Strong Balance Sheet with $157 Million of Cash and No DebtRepurchased Approximately 2 Million Share EquivalentsDeclared Quarterly Dividend of $0.07 Per ShareReturned $32 Million in Total to Equity Holders “Momentum continued across our businesses during the quarter. We Perella Weinberg to Announce First Quarter 2024 Financial Results and to Host Conference Call on May 3, 2024 NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (“PWP”) (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the first quarter 2024 on Friday, May 3, 2024, before the market opens. Conference Call and WebcastManagement will host a conference call and webcast to review PWP’s results on the same day at 9:00AM ET. A webcast of the conference call will be available to the public on a listen-only basis and David Higley Joins Perella Weinberg as Partner Appointment Strengthens Firm’s Global Media & Technology CapabilitiesNEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that David Higley has joined the Firm as a Partner in the Advisory Business. Based in Los Angeles, Mr. Higley will enhance the Firm’s Global Media & Technology practice providing strategic advice to clients globally in the media and interactive entertainment sectors. Mr. Higley joins What Makes Perella Weinberg Partners (PWP) a Good Addition to Your Portfolio? Wasatch Global Investors, an asset management company, released its “Wasatch Micro Cap Value Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy posted a double-digit gain in the fourth quarter but trailed the benchmark Russell Microcap Index which rose 16.06%. In 2023, the strategy appreciated and outperformed the benchmark’s […] Performance Overview Trailing total returns as of 12/13/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return PWP S&P 500 YTD +104.25% +26.86% 1-Year +110.53% +30.31% 3-Year +116.38% +28.42%