Evercore: 4Q Earnings Snapshot
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.