Evercore Reports Second Quarter 2020 Results; Quarterly Dividend of $0.58 Per Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Evercore Partners (EVR) Tops Q2 EPS by 21c, Revenues Beat
July 22, 2020 6:10 AM EDTEvercore Partners (NYSE: EVR) reported Q2 EPS of $1.53, $0.21 better than the analyst estimate of $1.32. Revenue for the quarter came in at $513.9 million versus the consensus estimate of $450.37 million.
Second quarter Net Revenues decreased 5% on a U.S. GAAP basis and 4% on an Adjusted basis versus the prior year period. For the first six months of 2020, Net Revenues decreased 1% on both a U.S. GAAP and an Adjusted basis versus the first six months of 2019Record quarterly Underwriting Revenue of $93.6 million in the second quarter increased 453% versus the prior year period. For the... More