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Evercore Inc (EVR.N)

EVR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Evercore Reports Qtrly Adjusted Earnings Per Share ‍$1.55
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Evercore Inc ::EVERCORE REPORTS RECORD FULL YEAR 2017 RESULTS; QUARTERLY DIVIDEND OF $0.40 PER SHARE.Q4 LOSS PER SHARE $0.50.QTRLY GAAP NET REVENUES $540.0 MILLION, UP 21 PERCENT.QTRLY NON-GAAP NET REVENUE $465.5 MILLION, UP 5 PERCENT.QTRLY ADJUSTED EARNINGS PER SHARE ‍$1.55​.EVERCORE - IN CONJUNCTION WITH ENACTMENT OF TCJA, CO'S TAX PROVISION FOR 3 & 12 MONTHS ENDED DEC 31, 2017 INCLUDES A CHARGE OF $143.3 MILLION.Q4 EARNINGS PER SHARE VIEW $1.23, REVENUE VIEW $407.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Evercore reports Q3 GAAP EPS of $1.04
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Evercore Inc :Evercore reports third quarter 2017 results; quarterly dividend raised to $0.40 per share.Qtrly GAAP diluted earnings per share $1.04.Qtrly adjusted diluted earnings per share $1.22.‍Quarterly net revenues $406.6 million, up 5%.Board of directors approved an increase in the share repurchase authorization to $750 million.Qtrly adjusted net revenues $402.857 million versus $383.473 million.Anticipate 2017 will be strong recruiting year adding at least nine new senior managing directors - six in advisory and three in equities​."Market conditions continue to be favorable for m&a broadly, supporting healthy deal activity both in u.s. And throughout world"​.  Full Article

Evercore Partners posts Q2 earnings of $0.55/share
Wednesday, 27 Jul 2016 

Evercore Partners Inc: Evercore reports second quarter 2016 results; quarterly dividend of $0.31 per share . Q2 earnings per share $0.55 . Q2 revenue rose 31 percent to $350.7 million . Q2 earnings per share view $0.94 -- Thomson Reuters I/B/E/S . Evercore partners inc qtrly adjusted earnings per share $1.04 . Evercore partners inc qtrly adjusted net revenues $348.3 million versus $268.5 million . Evercore reports second quarter 2016 results; quarterly dividend of $0.31 per share . Quarterly dividend of $0.31 per share .Q2 earnings per share view $0.94, revenue view $329.1 million -- Thomson Reuters I/B/E/S.  Full Article

Evercore to transfer ownership and control of Mexican private equity business to principals
Wednesday, 20 Jul 2016 

Evercore Partners Inc : Evercore agrees to transfer ownership and control of its Mexican private equity business to its principals . Glisco will assume all responsibility for management of existing emcp funds . Will retain its carried interest and its capital interests in existing EMCP funds . Co and principals of its Mexican private equity business, EMCP to transfer control of business to new entity formed by principals . EMCP team, led by Alfredo Castellanos, has formed a new entity, Glisco Partners Inc . For transfer of ownership, Evercore will receive fixed percentage of management fees earned by Glisco for up to ten years . For transfer of ownership, Evercore will also receive a portion of carried interest in next two successor funds .Will commit to invest capital in those successor funds consistent with level of carried interest it owns.  Full Article

UPDATE 1-Abu Dhabi Investment buys stake in UK insurer PIC

LONDON, June 19 The Abu Dhabi Investment Authority (ADIA) said on Tuesday its private equity department would acquire a stake of up to 21.4 percent in Pension Insurance Corporation Group from funds advised by private equity firm J.C. Flowers & Co.