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Evercore: 4Q Earnings Snapshot

January 29, 2020 GMT

NEW YORK (AP) _ Evercore Inc. (EVR) on Wednesday reported fourth-quarter net income of $105.2 million.

The company, based in New York, said it had earnings of $2.48 per share. Earnings, adjusted for one-time gains and costs, came to $2.72 per share.

The investment bank posted revenue of $646.2 million in the period. Its revenue net of interest expense was $646.2 million, topping Street forecasts.

For the year, the company reported profit of $297.4 million, or $6.89 per share. Revenue was reported as $2.01 billion.

Evercore shares have fallen roughly 2% since the beginning of the year. The stock has declined 14% in the last 12 months.

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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