Evercore (EVR) Q2 EPS Jumps 36%

Evercore (NYSE:EVR), a leading independent investment banking advisory firm, reported its financial results for the quarter ended June 30, 2025, on July 30, 2025. The firm posted adjusted earnings per share (EPS) of $2.42, well ahead of expectations at $1.78. Adjusted revenue reached $838.9 million, beating analyst estimates of $719.6 million and reflecting a significant year-over-year gain. Management delivered the highest Q2 and first-half net revenues in the company’s history, with operating margin rising to 18.7% on an adjusted basis. The results showed a strong beat versus expectations on a non-GAAP basis and confirmed a robust period for Evercore, propelled by record advisory revenues and ongoing business expansion. Source: Analyst estimates for the quarter provided by FactSet. Evercore provides advisory services for mergers and acquisitions, restructuring, and capital raising, with an emphasis on offering independent advice. The firm also operates in asset management and equity research, but most of its revenue comes from investment banking activities. Its business is centered around complex, high-value transactions for corporate clients and investors globally.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool