Economic Pain Will Persist Long After Coronavirus Lockdowns End [The New York Times]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: The New York Times
WASHINGTON — Walter Isenberg is the sort of business owner President Trump has in mind when he talks about the need to start lifting coronavirus lockdowns and reopen the American economy. Mr. Isenberg’s hotel and restaurant group in Denver has seen its revenues drop from $3 million a day last year to $40,000 a day now.But Mr. Isenberg has no expectation that his company, Sage Hospitality Group, will see the quick economic “boom” that Mr. Trump has predicted, even after state officials allow his properties to begin hosting customers again.“It’s just going to be a very long and slow recovery until such time as there is a therapeutic solution or a vaccine,” Mr. Isenberg, who has furloughed more than 5,000 of his 6,000 employees, said in an interview. “I’m not a scientist, but I just don’t see the psyche of people — I don’t see people coming out of this and rushing out to start traveling and having big conventions.”The president is in a rush to lift quarantines and stay-at-home restrictio
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EVR
Earnings
- 10/29/25 - Beat
EVR
Sec Filings
- 1/2/26 - Form 4
- 12/11/25 - Form 4
- 12/9/25 - Form 144
- EVR's page on the SEC website