Evercore Partners (EVR) Misses Q1 EPS by 2c

Go back to Evercore Partners (EVR) Misses Q1 EPS by 2c

Evercore Reports First Quarter 2015 Results; Quarterly Dividend of $0.28 Per Share

April 22, 2015 6:00 AM EDT

Highlights

First Quarter Financial Summary

-- U.S. GAAP Net Revenues of $238.0 million, up 60% and down 26% compared to Q1 2014 and Q4 2014, respectively

-- U.S. GAAP Net Income Attributable to Evercore Partners Inc. of $4.3 million, down 59% and 84% compared to Q1 2014 and Q4 2014, respectively, or $0.10 per share, down 60% and 85% compared to Q1 2014 and Q4 2014, respectively

-- Adjusted Pro Forma Net Revenues of $238.2 million, up 60% and down 26% compared to Q1 2014 and Q4 2014, respectively

-- Adjusted Pro Forma Net... More

Evercore Hires Anil Rachwani to Lead Its European Technology Advisory Business

April 21, 2015 8:00 AM EDT

LONDON--(BUSINESS WIRE)-- Evercore (NYSE: EVR) announced today that Anil Rachwani has agreed to join the firms Investment Banking business as a Senior Managing Director in its Technology Group based in the firms London office.

Mr. Rachwani, who will be joining Evercore in June, was most recently a Managing Director at J.P. Morgan where he headed their Technology Investment Banking franchise for Europe, Middle East and Africa. He spent 13 years with J.P. Morgan in London and Frankfurt and has extensive experience in advising European Technology companies and private equity companies.... More