Eaton Vance (EV) Misses Q4 EPS by 6c

Eaton Vance (NYSE: EV) reported Q4 EPS of $0.53, $0.06 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $341.5 million versus the consensus estimate of $354.51 million.

Consolidated net inflows of $16.7 billion for the fiscal year ended October 31, 2015 represent an internal growth rate of 6 percent (consolidated net inflows divided by beginning of period consolidated assets under management). For comparison, the Company had consolidated net inflows of $2.8 billion and 1 percent internal growth for the fiscal year ended October 31, 2014. Consolidated net inflows of $4.6 billion in the fourth quarter of fiscal 2015 represent a 6 percent annualized internal growth rate. For comparison, the Company had consolidated net inflows of $6.8 billion in the fourth quarter of fiscal 2014 and consolidated net inflows of $3.9 billion in the third quarter of fiscal 2015.

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

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