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PJT Partners: 1Q Earnings Snapshot

NEW YORK (AP) _ PJT Partners Inc. (PJT) on Wednesday reported first-quarter net income of $1.1 million.

On a per-share basis, the New York-based company said it had net income of 4 cents. Earnings, adjusted for non-recurring costs, came to 28 cents per share.

The investment bank posted revenue of $128.1 million in the period.

PJT Partners shares have increased 11% since the beginning of the year. The stock has dropped 23% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PJT at https://www.zacks.com/ap/PJT