Overview
Investment bank's Q4 revenue rose 32%, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company advised on major transactions, contributing to strong performance
Outlook
Evercore continues to see strong momentum in advisory services early in 2026
Result Drivers
ADVISORY FEES - Fourth quarter advisory fees increased by 33% year-over-year, driven by large transactions
UNDERWRITING FEES - Underwriting fees rose 87% in Q4, reflecting increased transaction participation
RECORD REVENUES - Record revenues in North American Advisory, EMEA Advisory, Private Capital Advisory, and Private Funds Group
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $1.29 bln | $1.13 bln (7 Analysts) |
Q4 Adjusted EPS | Beat | $5.13 | $4.04 (10 Analysts) |
Q4 EPS | $4.76 | ||
Q4 Adjusted Operating Margin | 26.00% | ||
Q4 Dividend | $0.84 | ||
Q4 EBIT | $312.20 mln | ||
Q4 Operating Margin | 24.20% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment banking & brokerage services peer group is "buy"
Wall Street's median 12-month price target for Evercore Inc is $391.00, about 15.4% above its February 3 closing price of $338.73
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago
Press Release: ID:nBw3Nrn4Za
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)