PJT Partners (US:PJT) ZACKS·2024-10-22 15:06Earnings Expectations for PJT Partners - The market expects PJT Partners to report a year-over-year decline in earnings of 5.1% to $0.74 per share, while revenues are expected to increase by 2.7% to $286 million for the quarter ended September 2024 [2] - The consensus EPS estimate has been revised 1.42% higher over the last 30 days, reflecting analysts' reassessment of initial estimates [3] - The company has a Zacks Rank of 3 (Hold) and an Earnings ESP of 0%, making it difficult to predict an earnings beat [6][7] Historical Performance and Industry Comparison - PJT Partners has consistently beaten consensus EPS estimates over the last four quarters, including a significant surprise of +45.12% in the last reported quarter [8] - In the same industry, WisdomTree, Inc is expected to post earnings of $0.17 per share, representing a year-over-year increase of 70%, with revenues expected to grow 21.7% to $110.01 million [10] - WisdomTree, Inc has an Earnings ESP of 2.00% and a Zacks Rank of 3 (Hold), indicating a higher likelihood of beating consensus EPS estimates [10] Market Impact and Investor Considerations - The actual earnings results compared to estimates will likely influence PJT Partners' near-term stock price, with better-than-expected results potentially driving the stock higher [1] - Management's discussion of business conditions during the earnings call will be crucial in determining the sustainability of any immediate price change and future earnings expectations [1] - While an earnings beat or miss is not the sole basis for stock movement, betting on stocks expected to beat earnings expectations increases the odds of success [9]