Compared to Estimates, Evercore (EVR) Q4 Earnings: A Look at Key Metrics

Core Insights - Evercore reported a revenue of $980.5 million for the quarter ended December 2024, marking a 25% increase year-over-year and a surprise of +12.81% over the Zacks Consensus Estimate of $869.15 million [1] - The earnings per share (EPS) for the quarter was $3.41, compared to $2.02 in the same quarter last year, resulting in an EPS surprise of +17.59% against the consensus estimate of $2.90 [1] Financial Performance Metrics - Net Revenues from Other Revenue were reported at $24.42 million, exceeding the average estimate of $22.50 million, but reflecting a -23.2% change year-over-year [4] - Adjusted Net Revenues from Investment Management, specifically Asset Management and Administration Fees, were $22.04 million, slightly below the average estimate of $22.22 million, showing a +16.3% year-over-year change [4] - Adjusted Net Revenues from Investment Banking & Equities totaled $958.20 million, significantly surpassing the average estimate of $823.93 million, with a year-over-year increase of +24.3% [4] Stock Performance - Over the past month, Evercore's shares have returned +2.9%, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]