earnings
confidence high
sentiment positive
materiality 0.75
Evercore Q1 2022: Record net revenues $722.9M, EPS $3.79; dividend raised 6% to $0.72
Evercore Inc.
2022-Q1 EPS reported
$3.79
revenue$727,104,000
- GAAP net revenues $722.9M (+9% YoY); adjusted EPS $3.80 (+16%); record first-quarter results.
- Advisory fees $624.6M (+22% YoY); underwriting fees $36.3M (-54%) on weaker market issuance.
- Quarterly dividend increased 6% to $0.72 per share; Board authorized $1.4B share repurchase program.
- Returned $298.3M to shareholders in Q1 via dividends and repurchase of 2.0M shares at avg $128.14.
- Headcount ~2,000; two Advisory SMDs joined in Q1, two more committed to join in 2022.