Investor Presentation Q3 2023
U.S. GAAP Reconciliation to Adjusted Results (Unaudited)
Net Income, Diluted shares outstanding & key metrics
(dollars and share amounts in thousands,
except per share data)
Three Months Ended
September 30,
2023
June 30,
2023
March 31,
2023
December 31,
2022
Net Income Attributable to Evercore Inc. - U.S. GAAP
Income Taxes (10)
$
52,148
(1,915)
$
37,205 $
83,378
$
140,439
(426)
(774)
(1,913)
Special Charges, Including Business Realignment Costs (12)
2,921
2,594
Noncontrolling Interest (15)
5,254
3,583
7,726
11,307
Net Income Attributable to Evercore Inc. - Adjusted
$
55,487 $
40,362 $
93,251
$
152,427
Diluted Shares Outstanding - U.S. GAAP
40,000
39,288
40,439
40,841
LP Units (16)
Diluted Shares Outstanding - Adjusted
2,790
2,815
2,756
2,649
Unvested Restricted Stock Units - Event Based (16)
12
12
12
12
42,802
42,115
43,207
43,502
Key Metrics: (a)
Diluted Earnings Per Share - U.S. GAAP
Diluted Earnings Per Share - Adjusted
$
SS
1.30
1.30 $
559
$
0.95 $
0.96 $
S59
2.06
2.16 $
55
3.44
3.50
LTM Q3 2023 Diluted Earnings Per Share - U.S. GAAP (b)
$
LTM Q3 2023 Diluted Earnings Per Share - Adjusted (b)
$
SS
7.75
7.92
(a) Reconciliations of the key metrics from U.S. GAAP to Adjusted results are a derivative of the reconciliations of their components above.
(b) Diluted Earnings Per Share on an LTM basis reflects the sum of Diluted Earnings Per Share for the four consecutive quarters then ended.
EVERCORE
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