Evercore stock falls 1.14 percent as EPS misses estimates

Published on 09/25/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Evercore stock posted USD 999.5 million in adjusted Q2 revenue, up 19.2 percent year over year. Adjusted EPS of USD 2.91 missed consensus by USD 0.11.

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Evercore stock (ISIN US29977A1051) fell 1.14 percent to USD 256.93 on the NYSE on September 24, 2026. The decline followed a second-quarter earnings picture in which adjusted revenue grew 19.2 percent, while adjusted EPS missed consensus by USD 0.11.

Revenue reaches USD 999.5 million

Evercore reported adjusted net revenue of USD 999.5 million for Q2 2026, up from USD 838.9 million in Q2 2025. According to Zacks, the result exceeded the USD 993.5 million consensus estimate by 0.6 percent.

The comparison becomes less favorable at the earnings-per-share level. Adjusted EPS came in at USD 2.91 in Q2 2026, below the USD 3.02 consensus estimate, although it exceeded the USD 2.42 recorded in the year-ago quarter.

Margins and expenses matter

Evercore's Q2 2026 GAAP net income attributable to common shareholders was USD 95.3 million, compared with USD 97.2 million in Q2 2025. Business Wire reported Q2 2026 adjusted operating income of USD 189.7 million, against USD 157.1 million in Q2 2025.

That mix gives investors a sharper read than revenue alone: Evercore expanded its top line and adjusted operating income, but GAAP net income declined by USD 1.9 million year over year. The EPS miss also shows how expense growth can limit the benefit of higher advisory activity.

Stock remains near yearly low

Evercore's USD 256.93 price on September 24, 2026, was USD 2.62 above the 52-week low of USD 254.31 and USD 131.78 below the 52-week high of USD 388.71. The market capitalization was USD 9.94 billion on the same date.

The valuation context is therefore defined by a narrow distance from the yearly low and a substantial gap to the yearly high. For investors, the next test is whether revenue growth can translate into higher earnings per share as compensation and other operating costs develop.