- Piper Sandler’s second quarter adjusted earnings per share (EPS) surpassed expectations, reporting $2.95 compared to the previous year’s $2.52, and beating the estimated $2.23.
- Adjusted net revenue for the period was $405.4 million, marking a 14% increase year-over-year, and surpassing the estimated $355.3 million.
- Advisory revenue for the quarter came in at $206.2 million, representing a 12% rise compared to the same period last year.
- The total net revenue was $396.8 million, showing a substantial 17% growth year-over-year.
- Analyst recommendations for Piper Sandler include 1 buy and 3 holds, with no sell ratings reported.
A look at Piper Sandler Cos Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Smartkarma Smart Scores reveal a promising long-term outlook for Piper Sandler Cos, a financial services firm excelling in various areas. With solid scores of 3 in Value, 3 in Growth, 4 in Resilience, and the top score of 5 in Momentum, Piper Sandler is positioned well for future growth and market performance. The company’s strengths lie in its ability to deliver value, maintain growth prospects, exhibit resilience in challenging environments, and sustain positive momentum, indicating a positive trajectory ahead.
Piper Sandler Cos, renowned for its investment banking and financial advisory services, has garnered favorable Smartkarma Smart Scores across key factors. While its Dividend score stands at 2, the company’s overall outlook remains upbeat due to strong performances in Value, Growth, Resilience, and Momentum. As a global player in the financial services sector, Piper Sandler is primed to capitalize on its strengths and navigate the market effectively in the long run, offering investors a promising opportunity for potential returns.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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