09:36 AM EDT, 05/03/2024 (MT Newswires) -- Perella Weinberg Partners' ( PWP ) shares fell in early trading Friday after the company reported a Q1 adjusted net loss of $0.10 per diluted share, compared with earnings of $0.09 per share a year earlier.

Four analysts polled by Capital IQ expected earnings of $0.07 per share.

Revenue for the quarter ended March 31 was $102.1 million, down from $131.4 million a year earlier.

Four analysts surveyed by Capital IQ expected $133.7 million.