Overview

* Evercore Q2 2025 revenue grows 21% yr/yr, beating analyst expectations

* Adjusted EPS for Q2 2025 beats consensus, driven by large transactions

* Co announces acquisition of Robey Warshaw, expanding UK advisory capabilities

Outlook

* Evercore ( EVR ) continues to experience strong momentum in advisory business

* Company sees ongoing momentum with significant advisory roles in July

* Evercore ( EVR ) does not provide specific financial guidance for future periods

Result Drivers

* ADVISORY REVENUE - Record advisory revenue driven by large transactions, including major mergers and acquisitions

* COMPENSATION COSTS - Increased employee compensation due to higher incentive compensation and base salaries

* TECHNOLOGY EXPENSES - Higher technology and information services costs due to increased research services and license fees

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $833.80 $698.60

Revenue mln mln (5

Analysts

)

Q2 Beat $2.42 $1.78 (6

Adjusted Analysts

EPS )

Q2 EPS $2.36

Q2 18.7%

Adjusted

Operatin

g Margin

Q2 $0.84

Dividend

Q2 EBIT $150.40

mln

Q2 18.0%

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "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 ( EVR ) is $324.50, about 6.8% above its July 29 closing price of $302.55

Press Release:

(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.)