How did EVR's Q4 earnings surprise investors?

Evercore Partners (EVR) surprised investors with its strong Q4 2024 earnings, surpassing analyst expectations in both EPS and revenue.

1. **Earnings Per Share (EPS)**:
- Estimated EPS: $3.04
- Actual EPS: $3.41
- The actual EPS exceeded estimates by $0.37, indicating a stronger-than-expected profitability for the period.
2. **Revenue**:
- Estimated Revenue: $906.67 million
- Actual Revenue: $975.33 million
- The actual revenue surpassed estimates by $68.66 million, reflecting robust business performance and operational efficiency.

The company's performance was particularly notable as it significantly outperformed expectations, with a 24% year-over-year increase in revenue and a slight increase in EPS. Evercore's strong financial results were attributed to a robust merger and acquisition (M&A) pipeline and optimistic growth projections for 2025.