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Evercore: 3Q Earnings Snapshot

October 23, 2019 GMT

NEW YORK (AP) _ Evercore Inc. (EVR) on Wednesday reported third-quarter net income of $43.3 million.

The New York-based company said it had earnings of $1.01 per share. Earnings, adjusted for non-recurring costs and amortization costs, were $1.26 per share.

The investment bank posted revenue of $402.2 million in the period. Its revenue net of interest expense was $402.2 million, exceeding Street forecasts.

Evercore shares have risen 10% since the beginning of the year. The stock has dropped 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVR at https://www.zacks.com/ap/EVR