How did PIPR's Q4 2024 earnings surprise investors?

Piper Sandler's Q4 2024 earnings report exceeded investor expectations with a net income of $52.5 million, reflecting the company's solid financial performance for the period.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|PIPR|PIPR.N|Piper Sandler|2024 Q1|63.08724832214766|2.43|169|
|PIPR|PIPR.N|Piper Sandler|2024 Q2|756.5217391304348|1.97|169|
|PIPR|PIPR.N|Piper Sandler|2024 Q3|790.9090909090909|1.96|169|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|PIPR|PIPR.N|Piper Sandler|2024 Q1|15.156173948070695|3.43056E8|169|
|PIPR|PIPR.N|Piper Sandler|2024 Q2|17.47435284664353|3.39179E8|169|
|PIPR|PIPR.N|Piper Sandler|2024 Q3|24.21092630015372|3.59572E8|169|
|PIPR|PIPR.N|Piper Sandler|2024 Q4|2.597430120949198|4.84107E8|169|