On Monday, Shares of (NYSE: ) declined -1.13% to $86.13. The stock traded total volume of 301.422K shares lower than the average volume of 436.14K shares.

Evercore Inc. (EVR) recently declared its results for the first quarter ended March 31, 2019.

Net Revenues:

For the three months ended March 31, 2019, Net Revenues of $415.30M reduced 10% as compared to the three months ended March 31, 2018, mainly driven by a decrease in Advisory Fees.

Operating Income:

For the three months ended March 31, 2019, Operating Income of $83.80M reduced 26% as compared to the three months ended March 31, 2018, driven by a decrease in Net Revenues in the Investment Banking business, partially offset by reduced compensation costs in the Investment Banking business.

Adjusted Net Revenues:

For the three months ended March 31, 2019, Adjusted Net Revenues of $419.80M reduced 10% as compared to the three months ended March 31, 2018, mainly driven by a decrease in Advisory Fees.

Adjusted Operating Income:

For the three months ended March 31, 2019, Adjusted Operating Income of $95.70M reduced 23% as compared to the three months ended March 31, 2018, driven by a decrease in Net Revenues in the Investment Banking business, partially offset by reduced compensation costs in the Investment Banking business.

Adjusted Net Income and Earnings per Share:

For the three months ended March 31, 2019, Adjusted Net Income Attributable to Evercore Inc. and Adjusted Earnings Per Share of $81.70M and $1.66, respectively, reduced 28% and 26%, respectively, as compared to the three months ended March 31, 2018, driven by a decrease in Net Revenues in the Investment Banking business, partially offset by reduced compensation costs in the Investment Banking business.

EVR has the market capitalization of $4.13B and its EPS growth ratio for the past five years was 41.80%. The return on assets ratio of the Company was 19.10% while its return on investment ratio stands at 45.60%. Price to sales ratio was 2.03 while 94.60% of the stock was owned by institutional investors.

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