Evercore Q3 Non-GAAP EPS Beats Estimates by $1.80 as Revenue Rises 13.5%

Evercore posted third-quarter non-GAAP earnings per share of $4.28, beating analyst estimates by $1.80, while revenue rose 13.5% year over year to $1.18 billion.

Revenue exceeded analyst estimates by $254.3 million. Adjusted net income was $186.1 million, compared with $155.5 million a year earlier.

On a GAAP basis, net income increased to $160.8 million from $144.6 million.