Evercore Reports Third Quarter 2019 Results; Quarterly Dividend of $0.58 Per Share

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Evercore Partners (EVR) Misses Q3 EPS by 37c, Revenues Miss

October 23, 2019 6:13 AM EDT

Evercore Partners (NYSE: EVR) reported Q3 EPS of $1.26, $0.37 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $408.55 million versus the consensus estimate of $480.08 million.

Ralph Schlosstein, President and Chief Executive Officer

"We had balanced contributions across the broad range of our capabilities for the quarter, including strategic advisory, restructuring, capital advisory and equities, delivering steady... More