Published on 23 Apr 2024 on Simply Wall St. via Yahoo Finance
Optimism for Evercore (NYSE:EVR) has grown this past week, despite five-year decline in earnings
When we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Evercore Inc. (NYSE:EVR) shareholders have enjoyed a 97% share price rise over the last half decade, well in excess of the market return of around 62% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 64% , including dividends .
Since it's been a strong week for Evercore shareholders, let's have a look at trend of the longer term fundamentals.