Eaton Vance (EV) Reports In-Line Q1 EPS

Eaton Vance (NYSE: EV) reported Q1 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $331.6 million versus the consensus estimate of $338.06 million.

Consolidated assets under management were $302.6 billion on January 31, 2016, up 2 percent from the $295.7 billion of consolidated managed assets on January 31, 2015 and down 3 percent from the $311.4 billion of consolidated managed assets on October 31, 2015. The year-over-year increase in consolidated assets under management reflects net inflows of $20.6 billion and market price declines of $13.7 billion. The sequential decrease in consolidated assets under management reflects net inflows of $5.3 billion and market price declines of $14.1 billion.

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

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