Eaton Vance (EV) Reports Q4 EPS of $0.57; AUM Rose 8%

Eaton Vance (NYSE: EV) reported Q4 EPS of $0.57, versus $0.53 reported last year. Revenue for the quarter came in at $346.85 million, versus $341.46 million reported last year.

Consolidated assets under management were $336.4 billion on October 31, 2016, up 8 percent from $311.4 billion of consolidated managed assets on October 31, 2015 and up 1 percent from $334.4 billion of consolidated managed assets on July 31, 2016. The year-over-year increase in consolidated assets under management reflects net inflows of $19.3 billion and market price appreciation of $5.8 billion. The sequential quarter increase in consolidated assets under management reflects net inflows of $4.8 billion partially offset by market price declines of $2.9 billion.

Average consolidated assets under management were $320.9 billion for the fiscal year ended October 31, 2016, an increase of 6 percent from $303.8 billion for the fiscal year ended October 31, 2015. Average consolidated assets under management were $338.9 billion in the fourth quarter of fiscal 2016, up 11 percent from $306.4 billion in the fourth quarter of fiscal 2015 and up 4 percent from $324.9 billion in the third quarter of fiscal 2016.

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

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