Evercore Inc Class A

EVR: XNYS (USA)
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Evercore Earnings: Profit Pressure Drives Shares Lower Despite Decent Results

Evercore reported solid second-quarter earnings, with $990 million in revenue representing 19% growth from the year-ago period, while the firm's $2.91 in adjusted EPS represented 20% growth. Still, the firm's shares sold off by roughly 10% in July 29 trading on the back of cost-control concerns.

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