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Piper Jaffray Companies, with the stock symbol PJC, is a public company that is listed on the New York Stock Exchange (NYSE). It is a leading investment bank and asset management firm that provides a variety of financial services to individuals, corporations, and institutions. The company operates through two main segments: Advisory and Capital Markets and Asset Management.
When it comes to earnings, Piper Jaffray has generally been profitable in recent years, although like many companies, it was impacted by the economic downturn caused by the COVID-19 pandemic. In the most recent quarter (Q4 2020), the company reported net income of $52.9 million, up from a loss of $15.4 million in the same quarter of the previous year. For the full year 2020, Piper Jaffray reported net income of $124.3 million, down from $196.8 million in 2019.
In terms of growth, Piper Jaffray has been able to grow its revenue and earnings over the past several years, although the rate of growth has slowed somewhat in recent periods. For example, in 2020, the company reported revenue of $1.5 billion, up from $1.4 billion in 2019 and $1.2 billion in 2018. However, the company's earnings per share (EPS) declined slightly in 2020, to $5.22 per share, down from $5.31 per share in 2019.
Overall, Piper Jaffray is a well-established player in the investment banking and asset management industries, with a track record of profitability and growth. However, like all companies, it is subject to various risks and uncertainties, and its future performance will depend on a variety of factors, including market conditions, economic trends, and the company's ability to execute its business strategy effectively.