Piper Sandler Companies (PIPR) Tops Q1 Earnings and Revenue Estimates

分组1 - Piper Sandler Companies reported quarterly earnings of $4.09 per share, exceeding the Zacks Consensus Estimate of $2.42 per share, and up from $2.79 per share a year ago, representing an earnings surprise of 69.01% [1] - The company posted revenues of $383.31 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.79%, compared to year-ago revenues of $343.06 million [2] - Over the last four quarters, Piper Sandler has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] 分组2 - The stock has underperformed, losing about 19.1% since the beginning of the year, while the S&P 500 has declined by 4.7% [3] - The current consensus EPS estimate for the coming quarter is $3.11 on revenues of $401.4 million, and for the current fiscal year, it is $14.14 on revenues of $1.72 billion [7] - The Zacks Industry Rank for Financial - Investment Bank is currently in the bottom 24% of over 250 Zacks industries, indicating potential challenges for the sector [8]