Financial Data and Key Metrics Changes - Total revenues for Q3 2021 were $231 million, down 22% year-over-year [10] - Advisory revenues were $180 million, down 31% year-over-year, primarily due to a decline in restructuring revenues [10] - Placement revenues increased by 48% year-over-year to $47 million, driven by strong fund placement activity [10] - For the nine months ended September 30, total revenues were $679 million, down 7% year-over-year [11] - Adjusted pre-tax income for Q3 was $54 million, with an adjusted pre-tax margin of 23.3% [12] Business Line Data and Key Metrics Changes - Strategic Advisory revenues continued to grow year-over-year, but overall growth was offset by a decline in restructuring revenues [10][11] - Restructuring revenues saw a nearly $100 million decline compared to last year's record levels [8] - PJT Park Hill is delivering record performance, benefiting from strong growth trends in the alternative asset investment market [19] - PJT CamberView is also expected to deliver record performance in 2021, entering 2022 with a strong backlog [21] Market Data and Key Metrics Changes - The restructuring environment is currently dampened due to benign credit markets and unprecedented monetary policy support, returning to 2019 levels [7][17] - Early signs of stress are building in the system, with rising labor costs and inflationary expectations [18] Company Strategy and Development Direction - The company remains focused on long-term growth, investing in its business despite current headwinds in restructuring [18] - There is a strong emphasis on building trusted relationships and long-term opportunities rather than chasing immediate gains [28] - The company is positioned to take advantage of expanded opportunities with financial sponsors and asset managers [19] Management's Comments on Operating Environment and Future Outlook - Management is optimistic about the long-term outlook for restructuring, expecting increased demand due to the fallout from COVID-19 [17] - The company anticipates a significant increase in Strategic Advisory revenues in Q4 2021 and into 2022 [20] - Rising interest rates are expected to create a more favorable environment for restructuring activities [36] Other Important Information - The company ended the quarter with $334 million in cash and no funded debt outstanding [15] - A special dividend of $3.00 per share was paid, with a regular dividend of $0.05 per share approved for December [15] Q&A Session Summary Question: Outlook for Strategic Advisory and productivity of partners - Management noted that all partners are showing increased productivity, with a long-term view on building relationships [27] Question: Capital return priorities and future buybacks - The company plans to continue aggressive share repurchases, with potential for increased dividends in the future [31] Question: Impact of rising interest rates on business - Rising rates may create a more favorable environment for restructuring, but the Strategic Advisory business is less affected by macro trends [36][40] Question: Expectations for restructuring business in 2022 - Management is confident that restructuring revenues will return to 2019 levels, with a neutral outlook for 2022 [43] Question: Competitive positioning and growth expectations - The company views itself as still in the early stages of growth, with significant potential for future expansion [55]

PJT Partners Inc. (NYSE:PJT) Q2 2021 Earnings Conference Call July 29, 2021 8:30 AM ET Company Participants Sharon Pearson - IR Paul Taubman - Chairman and CEO Helen Meates - CFO Conference Call Participants Devin Ryan - JMP Securities Richard Ramsden - Goldman Sachs Brendan O'Brien - Wolfe Research Michael Brown - KBW Securities Operator Good day, and welcome to the PJT Partners Second Quarter 2021 Earnings Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Sh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-36869 PJT Partners Inc. (Exact name of registrant as specified in its charter) Delaware 36-4797143 (State or other jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-36869 PJT Partners Inc. (Exact name of registrant as specified in its charter) Delaware 36-4797143 (State or other jurisdiction ...

PJT Partners Inc. (NYSE:PJT) Q1 2021 Earnings Conference Call April 27, 2021 8:30 AM ET Company Participants Sharon Pearson - Head of Investor Relations Paul Taubman - Chairman & Chief Executive Officer Helen Meates - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Richard Ramsden - Goldman Sachs Steven Chubak - Wolfe Research Jim Mitchell - Seaport Global Securities Michael Brown - KBW Operator Good day, and welcome to the PJT Partners' First Quarter 2021 Earnings Call. Tod ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36869 PJT Partners Inc. (Exact name of Registrant as specified in its Charter) Delaware 36-4797143 (State or other jurisdiction of in ...

PJT Partners Inc. (NYSE:PJT) Q4 2020 Earnings Conference Call February 2, 2021 8:30 AM ET Company Participants Sharon Pearson - IR Paul Taubman - Chairman and CEO Helen Meates - CFO Conference Call Participants Devin Ryan - JMP Securities Richard Ramsden - Goldman Sachs Jim Mitchell - Seaport Global Securities Operator Good day, and welcome to the PJT Partners' Full-Year and Fourth Quarter 2020 Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Sha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-36869 PJT Partners Inc. (Exact name of Registrant as specified in its charter) Delaware 36-4797143 (State or other jurisdic ...

Investor Presentation October 27, 2020 Notices and Disclaimers Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include certain information concerning future results of operations, business strategies, acquisitions, financing plans, competitive position, potential growth opportunities, potential operating p ...

PJT Partners Inc. (NYSE:PJT) Q3 2020 Earnings Conference Call October 27, 2020 8:30 AM ET Company Participants Sharon Pearson – Head of Investor Relations Paul Taubman – Chairman and Chief Executive Officer Helen Meates – Chief Financial Officer Conference Call Participants Devin Ryan – JMP Securities Richard Ramsden – Goldman Sachs Steven Chubak – Wolfe Research Operator And ladies and gentlemen, please standby. Good day, and welcome to the PJT Partners Third Quarter 2020 Earnings Call. Today’s conference ...