secwatch.observer — SEC 8-K summary
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Issuer:     Evercore Inc. (EVR)
CIK:        0001360901
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001360901-23-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evercore Q2 earnings: revenue down 21% YoY, EPS $0.95 from $2.33, dividend $0.76
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- Net revenues $499.4M (-21% YoY); adjusted revenues $505.1M; GAAP diluted EPS $0.95, adjusted $0.96.
- Advisory fees fell 35% to $374.6M; underwriting fees surged 183% to $38.2M on follow-on offerings.
- Compensation ratio rose to 67.8% from 61.7%; operating margin halved to 11.6% from 23.2%.
- Quarterly dividend declared $0.76 per share, payable Sept 8; YTD returned $418.7M via dividends and buybacks.
- Hired 11 Advisory SMDs YTD; total headcount 2,245; cash and equivalents $520.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360901/000136090123000015/0001360901-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360901/000136090123000015/evr-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001360901-23-000015

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