Piper Sandler beats estimates as equity financings surge in third quarter By Investing.com
Update: 2025-10-31
Description
Piper Sandler's Q3 earnings surpassed expectations with adjusted EPS of $3.82, a 12% increase from last year, and revenue of $479M, a 33% jump. The surge was driven by a 345% rise in equity financings and a 13% growth in advisory services. The company's shares rose 1% in pre-market trading. Piper Sandler's pre-tax margin improved to 22.4% from 15.5% last year, and they completed 15% more advisory transactions. The company returned $204M to shareholders in the first nine months of the year and declared a $0.70 quarterly dividend. Investors await further momentum as Piper Sandler aims for more record results in future quarters.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
