07:35 AM EDT, 10/31/2025 (MT Newswires) -- Piper Sandler ( PIPR ) reported Q3 adjusted earnings Friday of $3.82 per diluted share, up from $2.57 a year earlier.

Three analysts surveyed by FactSet expected $3.17.

Adjusted net revenue for the quarter ended Sept. 30 was $455.3 million, up from $351.8 million a year earlier.

Four analysts polled by FactSet expected $423.5 million.

The company's shares were up 1.2% in recent premarket activity.