Evercore Q3 Earnings & Revenues Beat Estimates, Expenses Rise Y/Y

Evercore Inc.'s (EVR) third-quarter 2024 adjusted earnings per share of $2.04 surpassed the Zacks Consensus Estimate of$1.95. Also, the bottom line compared favorably with the prior-year quarter's reported figure of $1.30. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results benefited from an increase in revenues generated from the Investment Management and Investment Banking & Equities segments. Further, an improvement in assets under management (AUM) balance was another posit ...