08:57 AM EDT, 04/26/2024 (MT Newswires) -- Piper Sandler Companies ( PIPR ) reported Q1 adjusted earnings Friday of $2.79 per diluted share, compared with $2.35 a year earlier.

Four analysts surveyed by Capital IQ expected $2.19.

Net revenue for the quarter ended March 31 was $343.1 million, compared with $297.9 million a year earlier.

Four analysts surveyed by Capital IQ expected $315 million.

The investment firm declared a special cash dividend of $1.00 per share of common stock and maintained a quarterly cash dividend of $0.60 per share of common stock to be paid on June 7 to shareholders of record as of May 24.