earnings
confidence high
sentiment negative
materiality 0.75
Evercore Q3 2022 net revenues down 30% YoY; adjusted EPS $2.20 vs $3.96
Evercore Inc.
2022-Q3 EPS reported
$8.18
revenue$1,943,404,000
- GAAP net revenues $576.9M (-30% YoY); GAAP diluted EPS $2.03 vs $3.74.
- Advisory fees fell 31% to $488.2M; underwriting fees dropped 47% to $28.7M.
- Compensation ratio rose to 61.7% (GAAP) from 59.1%; operating margin 22.6% vs 29.8%.
- Quarterly dividend declared $0.72/share, payable Dec 9, 2022 to holders of record Nov 25.
- Year-to-date returned $565.3M to shareholders via dividends and 3.9M shares repurchased.