Evercore Partners Earnings: Your Sneak Peek to the Big Announcement

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Evercore Partners (NYSE:EVR) will report earnings before markets open on Wednesday, July 24th. Evercore Partners Inc. is an investment banking boutique. The firm provides advisory services to multinational corporations on mergers, acquisitions, divestitures, restructurings and other corporate transactions. Evercore also manages private equity funds for institutional investors.

Here is your Cheat Sheet to Evercore Partners Earnings:

Earnings Expectations: Analysts expect earnings of $0.53 per share on revenues of $181.81 million. Currently, the company’s P/E ratio stands at 38.14.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.55 to a profit $0.49. For the current year, the average estimate is a profit of $2.03, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Evercore Partners has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 225 337 402 544 658
Diluted EPS ($) -0.36 -0.10 0.39 0.23 0.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 176.05 157.04 218.02 154.71
Diluted EPS ($) 0.25 0.17 0.56 0.16

Past Performance:
Evercore Partners has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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