12:14 PM EDT, 05/02/2024 (MT Newswires) -- PJT Partners ( PJT ) shares rose more than 6% in recent Thursday trading after the company's Q1 results beat market expectations.

The investment bank reported Q1 diluted earnings of $0.98, up from $0.54 a year earlier. Analysts polled by Capital IQ expected $0.45.

Revenue for the quarter ended March 31 was $329.4 million, up from $200 million a year earlier.

Analysts surveyed by Capital IQ expected $229.3 million.

Price: 99.23, Change: +5.68, Percent Change: +6.08