07:51 AM EDT, 08/02/2024 (MT Newswires) -- Piper Sandler Companies ( PIPR ) reported Q2 adjusted earnings Friday of $2.52 per diluted share, up from $1.13 a year earlier.

Four analysts polled by Capital IQ expected $2.26.

Revenue for the quarter ended June 30 was $340.8 million, compared with $291.3 million a year earlier

Four analysts surveyed by Capital IQ expected $338.8 million.

The company increased its quarterly dividend by 8% to $0.65 per share, payable on Sept. 13 to shareholders of record on Aug. 29.

Price: 260.00, Change: -2.11, Percent Change: -0.81