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UPDATE: Evercore Posts Higher Q4 Profit

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Evercore Partners (NYSE: EVR) reported a surge in its fourth-quarter profit.

Evercore's quarterly net income climbed to $35.3 million, or $0.81 per share, versus $14.1 million, or $0.32 per share, in the year-ago period.

Its net revenue jumped to $214 million, while investment banking revenue climbed to $195 million.

Evercore shares closed at $35.60 yesterday.

Posted-In: profitEarnings News

 

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