earnings
confidence high
sentiment positive
materiality 0.80
Evercore Q2 net rev record $689M (+38%); EPS $1.81 vs $0.95; div $0.80
Evercore Inc.
2024-Q2 EPS reported
$3.89
revenue$1,278,416,000
- Q2 GAAP net revenues $689.2M, up 38% YoY; adjusted $695.3M; record for a second quarter.
- GAAP diluted EPS $1.81, net income $73.8M (up 98% vs $37.2M); adjusted EPS $1.81.
- Advisory fees $568.2M, up 52% YoY; underwriting fees fell 19% but YTD up 42%.
- Quarterly dividend of $0.80/share declared, payable Sept 13, record Aug 30.
- YTD returned $395.6M to shareholders via dividends and 1.8M shares repurchased at avg $178.61.