Market Overview

UPDATE: Evercore Posts Higher Q4 Profit

Related EVR
Vetr Upgrades Cyberark In Tandem With Analyst
Santoli Explains Why A Surge In M&A Activity Is Forthcoming

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


Related Articles (EVR)

View Comments and Join the Discussion!