Evercore

Evercore, Inc. operates as a investment banking advisory company. It operates through the Investment Banking and Investment Management business segments. The Investment Banking segment includes the global advisory business of the company through which the firm delivers strategic corporate advisory, capital markets advisory, and institutional equities services. The Investment Management segment comprises wealth management and trust services through Evercore Wealth Management L.L.C. and investment management in Mexico through Evercore Casa de Bolsa, S.A. de C.V., as well as private equity through investments in entities that manage private equity funds. The company was founded by Roger C. Altman in 1995 and is headquartered in New York, NY.

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Earnings data Q4 2024

Evercore reports successful 2022 performance, eyes growth opportunities

Evercore had a strong financial performance in 2022, with notable achievements across various business segments. The company's strategic investments and focus on key sectors have positioned it well for growth. Challenges in certain business areas were effectively managed, and opportunities for revenue growth and market recovery are being actively pursued.

Evercore reports solid Q1 results amidst market challenges and opportunities

Evercore's Q1 2023 performance reflected resilience in a challenging market environment, with a focus on talent, expense management, and strategic growth. While facing declines in certain financial metrics, the company remains committed to navigating market volatility and seizing opportunities for expansion and improvement.

Evercore reports Q2 decline, eyes restructuring market for growth

Evercore's Q2 2023 performance saw declines in revenues and profits, impacted by hiring pressure and economic factors, with a focus on disciplined expense management and shareholder returns.
The company faces challenges in advisory fees, compensation ratios, and rising expenses, but sees opportunities in restructuring and merger markets, sustained growth, and cost efficiency.
Analyst questions and cautious optimism about market recovery indicate areas of scrutiny and strategic planning for Evercore's future performance and financial stability.
Despite challenges, Evercore's strategic focus on talent, business diversity, and expense management positions it for potential growth and success in the medium to long term.

Evercore reports resilient Q3 performance amidst market challenges

Evercore's Q3 performance showed resilience amidst market challenges with a focus on cost management.
The company's strengths in hiring, strategic insights, and balance sheet management were evident.
Challenges included muted market activity, expense inflation, and competitive landscape dynamics.
Opportunities for growth exist through strategic transactions, leveraging hiring, and ESG focus.

Evercore reports Q4 revenue decline but eyes growth opportunities

Evercore's Q4 2023 earnings call highlighted a decline in revenues but strong investments for future growth. The firm faces challenges in deal timelines and compensation ratios but sees opportunities in market conditions and internal development. Overall, Evercore is optimistic about 2024 and continues to focus on diversification and talent.

Evercore reports strong Q1 performance, eyes global expansion and talent

Evercore's Q1 2024 performance reflects strong financial stability, growth in key sectors, and a strategic focus on shareholder value.
The company's notable transactions, record AUM, and talent recruitment efforts position it well for future expansion and success.
Challenges include slower activity in certain deal segments and the need to balance growth with cost management effectively.
Opportunities in global deal advisory services, sector-specific growth, strategic recruitment, and sustained market optimism pave the way for continued success.

Evercore (EVR) reports record revenues and strategic growth initiatives

Evercore (EVR) delivered strong financial results in Q2 2024, with record revenues and operating income, driven by robust performance across various business segments.
The company's strategic strengths lie in its positive market outlook, expansion initiatives, and focus on operational efficiency and cost management.
While facing challenges in navigating sponsor dialogues, European M&A dynamics, and managing expenses, Evercore has opportunities to capitalize on market growth, global expansion, and wealth management.

Evercore (EVR) reports robust Q3 performance and outlines growth strategies

Evercore's Q3 2024 earnings call highlighted strong financial performance, growth in key business segments, and a positive outlook for the future. The company's focus on enhancing capabilities through new hires and returning value to shareholders reflects a commitment to sustainable growth and profitability.

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NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will host its 7th annual HealthCONx Conference at the Loews Coral Gables Hotel in Coral Gables, Florida, Dec. 3-5, 2024. This year's conference features over 600 industry experts and corporate leaders from more than 225 leading healthcare companies. Across three days, guests will have the opportunity to attend panels, fireside chats, scheduled investor meetings and company-hosted dinners while directly engaging with key industry professionals. The.

Evercore Hosts 7th Annual HealthCONx Conference, Dec. 3-5, 2024

NEW YORK--(BUSINESS WIRE)--Evercore ISI was ranked No. 1 among all firms for top-ranked analysts on a weighted basis in Extel's (previously Institutional Investor) All-America Equity Research survey for the third consecutive year. This overall rank is determined by applying the greatest weight to the highest-ranked individuals in each category. Evercore ISI analysts were recognized as Top 3 or Runner Up in 47 categories, and they maintained the largest number of No. 1 position rankings at 17, u.

Evercore ISI Recognized as the #1 Firm in U.S. Equity Research for the Third Consecutive Year

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Katrina Niehaus has joined the firm as a senior managing director to lead the firm's structured finance effort, based in New York. Daniel Mendelow, co-head of U.S. Investment Banking, said, “Katrina is a trusted expert in the structured finance industry and has cultivated strong relationships over the course of her career. We are looking forward to welcoming her to the team to provide creative capital solutions to Evercore's c.

Katrina Niehaus Joins Evercore as Senior Managing Director to Lead Structured Capital Solutions Group

A solid segmental performance leads to an increase in EVR's revenue base, positively influencing its Q3 earnings. Yet, a rising expense base remains a concern.

Evercore Q3 Earnings & Revenues Beat Estimates, Expenses Rise Y/Y

Evercore had a solid quarter from our point of view, but markets were likely expecting more in the quarter that ended after the first rate cut. In particular, sponsors, as we predicted, would need more than one rate cut to come back to markets in earnest. The sponsor-reliant picks in the sector, including Evercore, are not having a great day on that account.

Evercore: Markets Might Not Have Liked Lack Of Sponsor Business

Evercore Inc. (NYSE:EVR ) Q3 2024 Earnings Conference Call October 23, 2024 8:00 AM ET Company Participants Katy Haber - Managing Director, Investor Relations & ESG John Weinberg - Chairman & Chief Executive Officer Tim LaLonde - Chief Financial Officer Conference Call Participants Brendan O'Brien - Wolfe Research Ryan Kenny - Morgan Stanley James Yaro - Goldman Sachs Jim Mitchell - Seaport Global Devin Ryan - Citizens JMP Aidan Hall - KBW Mike Brown - Wells Fargo Operator Good morning and welcome to the Evercore Third Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Evercore management and the question-and-answer session.

Evercore Inc. (EVR) Q3 2024 Earnings Call Transcript

The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Evercore (EVR) Q3 Earnings

Evercore (EVR) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.30 per share a year ago.

Evercore (EVR) Q3 Earnings and Revenues Beat Estimates

NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR):   Third Quarter Results   Year to Date Results   U.S. GAAP   Adjusted   U.S. GAAP   Adjusted   Q3 2024 Q3 2023   Q3 2024 Q3 2023   YTD 2024 YTD 2023   YTD 2024 YTD 2023 Net Revenues ($ mm) $ 734.2   $ 570.2     $ 739.5   $ 576.1     $ 2,004.3   $ 1,641.8     $ 2,022.1   $ 1,659.0   Operating Income ($ mm) $ 122.0   $ 76.8     $ 134.6   $ 82.7     $ 314.4   $ 241.4     $ 339.5   $ 261.6   Net Income Attributable to Evercore Inc. ($ mm) $ 78.4.

Evercore Reports Third Quarter 2024 Results; Quarterly Dividend of $0.80 Per Share

Besides Wall Street's top -and-bottom-line estimates for Evercore (EVR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Seeking Clues to Evercore (EVR) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Evercore (EVR) Earnings Expected to Grow: Should You Buy?

NEW YORK--(BUSINESS WIRE)--Evercore to Announce Third Quarter 2024 Financial Results and Host Conference Call on October 23, 2024.

Evercore to Announce Third Quarter 2024 Financial Results and Host Conference Call on October 23, 2024

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR), the Digital Therapeutics Alliance (DTA) and HLTH, a leading platform bringing together the health ecosystem, will co-host a dedicated program on digital health and digital therapeutics at HLTH 2024 in Las Vegas, Oct. 20-23. This program marks Evercore's sixth consecutive year hosting at HLTH and third year collaborating with thought leaders from DTA. The program, Tech Meets Therapy: Evaluating the Digital Health Landscape, is scheduled for Monday.

Evercore ISI and the Digital Therapeutics Alliance to Host Digital Health Leaders at HLTH 2024

While the stock is already up 50% this year, it is still considered cheap based on its growth expectations.

Rate Cuts: This High-Growth Dividend Stock Will Be a Big Beneficiary

NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Adam Frisch has joined Evercore ISI as a senior managing director to lead research coverage of the financial technology and IT services sectors. Mr. Frisch brings over 25 years of diverse insight as a top-ranked research analyst, a private company executive and an investment banker. Most recently, he was the CEO of Buy It Mobility, an emerging fintech payments company. Prior to this role, he spent 14 years as a research analys.

Adam Frisch Joins Evercore ISI as Senior Managing Director

PARIS--(BUSINESS WIRE)--Evercore announced today (NYSE: EVR) that Andrea Bozzi and Charles Andrez have joined the firm as senior managing directors in its strategic advisory practice based in Paris. They are being joined by Charles-Henri Filippi, who has been appointed chairman of Evercore France. Their arrival marks the latest step in Evercore's continuing build-out of its Investment Banking business in France. In an investment banking career spanning three decades, Andrea Bozzi has advised so.

Andrea Bozzi, Charles Andrez and Charles-Henri Filippi Join Evercore's Paris Office

Lazard

Piper Sandler Cos

US boutique bank stocks are doing well this year as signs show that deal-making is coming back to life. Piper Sandler (PIPR) stock's total return this year stood at 50.50% on August 15 while Evercore (EVR) and Lazard (LAZ) rose by almost 50%.

Evercore, Lazard, Piper Sandler stocks rise as deals recover

M&A and other advisory performance was good, but ahead of sponsor market revenues. Nonetheless, sponsors are coming to market again with pressure from LPs. The return of private equity to the market is going to be the primary result driver, and is also the basis of expectations of further net income acceleration.

Evercore: Full-Fledged Sponsor Return Should Still Depend On Interest Rate Cuts

An improvement in segmental performance leads to a growth in Evercore's (EVR) revenue base, positively impacting its Q2 earnings. However, a rise in expenses pose near-term concerns.

Evercore (EVR) Q2 Earnings Beat on Higher Revenues, Stock Dips

Evercore Inc. (NYSE:EVR ) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants Katy Haber - Managing Director, Investor Relations & ESG John Weinberg - Chairman & Chief Executive Officer Tim LaLonde - Chief Financial Officer Conference Call Participants James Yaro - Goldman Sachs Ryan Kenny - Morgan Stanley Brennan Hawken - UBS Devin Ryan - Citizens JMP Aidan Hall - KBW Jim Mitchell - Seaport Global Brendan O'Brien - Wolfe Research Operator Good morning, and welcome to the Evercore Second Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Evercore management and the question-and-answer session.

Evercore Inc. (EVR) Q2 2024 Earnings Call Transcript

The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Evercore (EVR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Evercore (EVR) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $0.96 per share a year ago.

Evercore (EVR) Tops Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR):   Second Quarter Results   Year to Date Results   U.S. GAAP   Adjusted   U.S. GAAP   Adjusted   Q2 2024 Q2 2023   Q2 2024 Q2 2023   YTD 2024 YTD 2023   YTD 2024 YTD 2023 Net Revenues ($ mm) $ 689.2   $ 499.4     $ 695.3   $ 505.1     $ 1,270.0   $ 1,071.6     $ 1,282.6   $ 1,082.9   Operating Income ($ mm) $ 108.2   $ 57.7     $ 114.3   $ 63.4     $ 192.4   $ 164.6     $ 204.9   $ 178.9   Net Income Attributable to Evercore Inc. ($ mm) $ 73.

Evercore Reports Second Quarter 2024 Results; Quarterly Dividend of $0.80 Per Share

NEW YORK--(BUSINESS WIRE)--Evercore to Announce Second Quarter 2024 Financial Results and Host Conference Call on July 24, 2024.

Evercore to Announce Second Quarter 2024 Financial Results and Host Conference Call on July 24, 2024

NEW YORK--(BUSINESS WIRE)--Evercore Wealth Management today announced the appointment of Paula Stumne to managing director, wealth and fiduciary advisor. Ms. Stumne is based in Minneapolis and works directly with ultra-high-net-worth client families, foundations and endowments, delivering comprehensive strategic wealth planning and fiduciary services. Ms. Stumne joins Evercore from Bremer Bank, where she was a senior wealth advisor to ultra-high-net-worth families. Earlier, she worked for Wells.

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