Evercore Inc Class A
EVR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @nT | LOCK|w>?L | LOCK|!h&l$n^ |
Evercore Earnings: Strong Results Can't Overcome Exuberant Market Expectations; Our View Unchanged
Evercore reported third-quarter results, with strong advisory growth aligning with our expectations. Shares sold off nearly 10% during Oct. 29 intraday trading as investors reacted to management commentary regarding compensation expense growth.
