Evercore Partners 2Q Earnings Pregame Scorecard
Last quarter Evercore Partners (NYSE:EVR) missed analysts' estimates, but it gets a a chance to make up for it when it announces earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect Evercore Partners to come in with earnings of 48 cents per share on revenues of $163.2 million. Estimates from analysts range from earnings per share to earnings per share. Over the past two months, the average estimate has moved down from 53 cents.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $2.35 per share between June 26, 2012 and July 3, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $3.28 (-13.1%), from $25.05 to $21.77.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as three analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, the company swung to a loss of $3.4 million (12 cents a share) from a profit of $3.6 million (14 cents) a year earlier, missing analyst expectations. Revenue fell 6% to $106.6 million from $113.3 million.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 48 cents
Revenue Estimate: $163.2 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)