UPDATE: Evercore Posts Higher Q4 Profit
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.
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