Eaton Vance (EV) Misses Q2 EPS by 2c

Eaton Vance (NYSE: EV) reported Q2 EPS of $0.58, $0.02 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $351.7 million versus the consensus estimate of $351.95 million.

Consolidated assets under management were $311.0 billion on April 30, 2015, an increase of 9 percent from the $285.9 billion of managed assets on April 30, 2014 and an increase of 5 percent from the $295.7 billion of managed assets on January 31, 2015. The year-over-year increase in assets under management reflects market appreciation of $12.3 billion and net inflows of $12.9 billion. The sequential quarterly increase in assets under management reflects market appreciation of $8.6 billion and net inflows of $6.8 billion.

For earnings history and earnings-related data on Eaton Vance (EV) click here.

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