earnings
confidence high
sentiment positive
materiality 0.85
Evercore Q2 record revenue $687.9M, EPS $3.21; CFO transition; dividend $0.68
Evercore Inc.
2021-Q2 EPS reported
$6.46
revenue$1,359,051,000
- Net revenues $687.9M (+36% YoY); GAAP diluted EPS $3.21 (+138%); Adjusted EPS $3.17.
- Advisory fees surged 67% to $560.8M; first-half advisory revenues exceeded $1B for first time.
- Operating margin expanded to 30.1% GAAP (vs 17.1%); compensation ratio improved to 59.3%.
- Quarterly dividend $0.68/share; $496.3M returned to shareholders via dividends and buybacks in H1.
- Celeste Mellet named CFO effective Sept 1; acquired 20% of Seneca Evercore (Brazil); three senior MDs committed to join.