Evercore Partners (EVR) Tops Q1 EPS by 51c

Evercore Partners (NYSE: EVR) reported Q1 EPS of $1.61, $0.51 better than the analyst estimate of $1.10. Revenue for the quarter came in at $387.2 million versus the consensus estimate of $364.03 million.

• Record First Quarter U.S. GAAP Net Revenues of $387.2 million, up 50% compared to Q1 2016
• Record U.S. GAAP Net Income Attributable to Evercore Partners Inc. of $80.8 million, up 1,419% compared to Q1 2016, or $1.76 per share, up 1,367% compared to Q1 2016
• Record First Quarter Adjusted Net Revenues of $384.7 million, up 50% compared to Q1 2016
• Record Adjusted Net Income Attributable to Evercore Partners Inc. of $83.6 million, up 155% compared to Q1 2016, or $1.61 per share, up 156% compared to Q1 2016. Adjusted Net Income Attributable to Evercore Partners Inc. and Adjusted Earnings Per Share, excluding the effects of the change in accounting for income taxes, of $58.3 million, up 78% compared to Q1 2016, and $1.13, up 79% compared to Q1 2016, respectively

For earnings history and earnings-related data on Evercore Partners (EVR) click here.

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