Banking

Stocks To Watch Ahead Of Earnings: Evercore Partners

With earnings on tap for Apr. 28, Evercore Partners (EVR) is trading approximately 4% shy of a 144.23 entry. The entry is based on a first-stage flat base.




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Be aware that jumping into a stock right as it gets ready to report means you likely won’t have enough time to build a profit cushion before the release. That leaves you exposed to a sudden and perhaps sharp drop if the company doesn’t deliver the type of numbers analysts were expecting. You can reduce your exposure by waiting to see how the company reports and how the market reacts.


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Regarding top and bottom line numbers, the company has posted rising EPS growth in each of the last four reports. Revenue growth has also moved higher over the same time frame.

Analysts are looking for earnings-per-share growth of 112% for the quarter, and 9% growth for the full year. Annual growth estimates were recently revised higher.

Evercore Partners has a 97 Composite Rating and earns the No. 9 rank among its peers in the Finance-Investment Banking/Brokers industry group. Cowen (COWN), Futu Holdings Cl A Ads (FUTU) and Jefferies Financial Grp (JEF) are among the top 5 highly rated stocks within the group.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.

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