Evercore reports quarterly dividend of $0.58 per share

Evercore reports second quarter 2020 results; quarterly dividend of $0.58 per share.qtrly net revenues of $507.1 million decreased 5%.qtrly diluted earnings per share $1.35.qtrly adjusted earnings per share $1.53.evercore - m&a activity remains limited, uncertainty and market volatility have led to delays or, in some cases, terminations of transactions in quarter.review of operations which began in q4 of 2019, will generate reductions of about 6% of headcount.in conjunction with employment reductions, expects to incur separation & transition benefits and related costs of about $38 million.$30.3 million of separation and transition costs has been recorded as special charges in first six months of 2020.observed initial decline in equity underwriting activity during early stages of covid-19 pandemic.restructuring, debt advisory and capital markets advisory businesses remain very active.q2 earnings per share view $1.39, revenue view $467.4 million -- refinitiv ibes data.
EVR Ratings Summary
EVR Quant Ranking