Evercore Reports Record Second Quarter And First Half 2018 Results; Quarterly Dividend Of $0.50 Per Share

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Evercore Partners (EVR) Tops Q2 EPS by 5c

July 25, 2018 6:13 AM EDT

Evercore Partners (NYSE: EVR) reported Q2 EPS of $1.52, $0.05 better than the analyst estimate of $1.47. Revenue for the quarter came in at $448.5 million versus the consensus estimate of $424.99 million.

Ralph Schlosstein, President and Chief Executive Officer

"We sustained strong operating and financial performance in the second quarter, growing Adjusted net revenues and Adjusted operating income from Investment Banking by 20% and 25%, respectively, while our Wealth Management business delivered... More