Abstract
Evercore Partners will report fourth-quarter earnings on February 04, 2026, Pre-Market; this preview synthesizes recent financials, the company’s guidance framework, and consensus forecasts to outline expectations for revenue, margins, net profit, and adjusted EPS, along with the prevailing institutional stance.
Market Forecast
Consensus and company-indicated projections for the current quarter point to total revenue of USD 1.13 billion, adjusted EPS of USD 4.05, and EBIT of USD 260.93 million, with year-over-year increases of 27.44%, 42.23%, and 42.79%, respectively. The margin outlook is for continued strong profitability, supported by a gross profit margin framework near recent levels and a net profit margin consistent with recent quarters; year-over-year comparisons remain favorable given last year’s trough in advisory activity.
Evercore Partners’s main business is investment banking advisory, which remains the core revenue engine and should benefit from a constructive environment in announced and completed M&A and restructuring engagements, while asset management fees provide incremental, steadier income streams. The most promising segment is investment banking advisory, with last quarter revenue of USD 990.26 million, and the forecast implies double-digit year-over-year gains tied to improved deal-making and execution.
Last Quarter Review
Evercore Partners delivered last quarter revenue of USD 1.05 billion, a gross profit margin of 93.92%, GAAP net profit attributable to the parent company of USD 0.15 billion, a net profit margin of 13.92%, and adjusted EPS of USD 3.48, with year-over-year growth across revenue and earnings reflecting better activity levels. Quarter-on-quarter net profit growth was 48.75%.
A key highlight was outperformance versus prior expectations, with revenue of USD 1.05 billion exceeding earlier estimates and adjusted EPS of USD 3.48 surpassing consensus, indicating strong conversion on advisory pipelines. Main business momentum centered on investment banking advisory, which generated USD 990.26 million last quarter, supported by broader client activity and favorable execution; asset management and management fees contributed USD 22.48 million, and other revenues were USD 33.26 million.
Current Quarter Outlook
Investment Banking Advisory
Investment banking advisory is positioned to drive this quarter’s performance, supported by a backlog that benefited from improving market receptivity to strategic transactions and financing solutions. The recent acceleration in advisory assignments, including execution of announced deals, typically translates into higher fee realization near or at closing, which aligns with the projected double-digit revenue increase. A healthier equity and credit market backdrop can lift both M&A and restructuring engagements, while a steady pace of fairness opinions and strategic advisory supports fee diversity. The primary variable is timing: closings concentrated within the quarter enhance revenue and margin, whereas slippage can defer recognition. On balance, pipelines appear sufficient to support the forecasted EPS of USD 4.05 and EBIT of USD 260.93 million, with conversion rates likely to remain resilient given last quarter’s operational execution.
Asset Management and Management Fees
Asset management and management fees provide a stabilizing element to quarterly results, albeit at a smaller scale relative to advisory. With USD 22.48 million recorded last quarter, this business contributes recurring revenue that can modestly offset volatility in transaction-driven advisory fees. Fee sustainability hinges on assets under management levels and client retention, both of which tend to move with broader market valuations and allocation shifts. While not expected to be a primary growth engine, it enhances revenue quality and margin durability. Incremental growth can also come from new mandates or performance-based fees, but quarter-to-quarter swings are likely smaller than advisory activity swings. The contribution supports the overall margin profile, reinforcing gross profit margin near historical levels above 90.00%.
Stock Price Drivers This Quarter
The key stock price drivers will likely be the pace of deal closings, the mix of M&A versus restructuring engagements, and the translation of strong advisory activity into realized fees and margins. Faster-than-anticipated closings and a higher proportion of large-ticket, completion-fee-heavy mandates can expand revenue and adjusted EPS beyond current expectations. Conversely, pushouts of closings into later quarters can pressure reported revenue and EPS, despite healthy pipelines. Operating leverage remains central: high revenue conversion can produce outsized EPS gains given the cost base, while compensation accruals and investment in senior talent can temper margin expansion. Investors will also watch indications about the backlog and engagement trends into the next quarter, as this informs sustainability of the current forecast trajectory.
Analyst Opinions
Institutional commentary gathered over the recent period indicates a majority leaning toward a cautiously positive stance, with previews emphasizing improved advisory activity, constructive markets for strategic transactions, and potential upside from closings timing. Prominent sell-side voices highlight the rebound from the prior year’s lower activity base and note that last quarter’s outperformance sets a higher bar, yet leaves room for positive surprises if large mandates close within the quarter. The prevailing analysis suggests that consensus EPS of USD 4.05 and revenue of USD 1.13 billion are achievable, with upside contingent on conversion of late-quarter deals and continued strength in restructuring and strategic advisory. The bullish majority points to the strong gross margin profile near 93.92% and the net profit margin framework approximating the recent 13.92%, arguing that operational discipline and compensation alignment can keep adjusted EPS tracking the forecast even with minor timing shifts. With the ratio skewed toward positive outlooks, the majority view underscores confidence in advisory pipelines, while acknowledging the sensitivity to execution timing typical of the business model.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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