Investing.com - Evercore reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Evercore announced earnings per share of $2.20 on revenue of $576.90. Analysts polled by Investing.com anticipated EPS of $1.41 on revenue of $511.45M.
Evercore shares are up 103.3% from the beginning of the year, still down 41.70% from its 52 week high of $163.42 set on October 26, 2021.
Evercore follows other major Financial sector earnings this month
Evercore's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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