Evercore Q2 net revenues rise 38% to $689.2 million; diluted EPS $1.81 vs $0.95
Evercore reported second-quarter 2024 U.S. GAAP net revenues of $689.2 million, up 38% from a year earlier, and diluted earnings per share of $1.81, compared with $0.95. Advisory fees rose 52%, while underwriting fees fell 19%. The board also declared a quarterly dividend of $0.80 per share, and the filing includes no forward guidance.
Key points
- GAAP net revenues were $689.2 million, up from $499.4 million in Q2 2023; the company called it a record second quarter by both GAAP and adjusted measures.
- GAAP operating income was $108.2 million, up 88% from $57.7 million, with an operating margin of 15.7% versus 11.6%.
- Diluted EPS was $1.81 versus $0.95; GAAP net income attributable to Evercore was $73.8 million versus $37.2 million.
- The board declared a quarterly dividend of $0.80 per share, payable September 13, 2024, to holders of record on August 30, 2024.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.