Evercore Q2 2024 Adj EPS $1.81 Beats $1.63 Estimate, Sales $695.270M Beat $611.910M Estimate
Portfolio Pulse from Benzinga Newsdesk
Evercore (NYSE:EVR) reported Q2 2024 adjusted EPS of $1.81, beating the estimate of $1.63. Sales were $695.270M, surpassing the $611.910M estimate and showing a 37.64% increase from the same period last year.
July 24, 2024 | 10:53 am
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POSITIVE IMPACT
Evercore's Q2 2024 earnings and sales significantly beat analyst estimates, with a notable year-over-year sales increase of 37.64%.
Evercore's strong financial performance, with both EPS and sales exceeding expectations, is likely to positively impact the stock price in the short term. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100