9/1012 sources · 5 publishersUpdated Oct 28, 19:48 UTC
Evercore posts record Q3 2026 revenue and beats earnings forecasts
Evercore reported adjusted net revenue of about $1.17 billion for the third quarter of 2026, a new record and the sixth consecutive quarter of revenue growth. Adjusted diluted earnings per share came in at $4.28, well above the $2.53 consensus. The firm also declared a quarterly dividend of $0.89 per share and announced the appointment of two co‑presidents effective January 2027.
Why it matters
Analysts note that the results topped expectations, prompting the stock to jump between 5% and 12% in after‑hours trading. The dividend payout and strong earnings may support continued investor demand.
Key facts
- 1Adjusted net revenue was $1.17 billion for Q3 2026. investing.com
- 2Adjusted diluted EPS was $4.28 for Q3 2026. investing.com
- 3Advisory fees grew 14% year‑over‑year to $1.01 billion. finance.yahoo.com
- 4The company declared a quarterly dividend of $0.89 per share. seekingalpha.com
- 5Record revenue marks the sixth straight quarterly revenue record. stocktitan.net
- 6Nigel Dawn and Naveen Nataraj were appointed co‑presidents effective January 1 2027. stocktitan.net
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.