Investment banking firm Piper Sandler (NYSE: PIPR) is set to announce earnings results this Friday. Last quarter, the company surpassed revenue expectations by 7.5%, reporting revenues of $455.3 million, up 29.4% year on year. Analysts predict revenue to grow 3.9% this quarter to $518.2 million, with adjusted earnings at $4.76 per share. Piper Sandler has generally met or exceeded revenue estimates over the last two years. Despite market volatility, the investment banking & brokerage sector has seen mixed performance. Piper Sandler’s stock is down 6.3% in the last month with an average analyst price target of $410.67.
Read more at StockStory: Piper Sandler (PIPR) Q4 Earnings Report Preview: What To Look For
