Eaton Vance (EV) Reports In-Line Q1 EPS

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Eaton Vance Corp. Report for the Three Month Period Ended January 31, 2016

February 24, 2016 8:39 AM EST

BOSTON, Feb. 24, 2016 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) today reported adjusted earnings per diluted share(1) of $0.51 for the first quarter of fiscal 2016, a decrease of 16 percent from $0.61 of adjusted earnings per diluted share in the first quarter of fiscal 2015 and a decrease of 4 percent from $0.53 of adjusted earnings per diluted share in the fourth quarter of fiscal 2015.

As determined under U.S. generally accepted accounting principles ("GAAP"), the Company earned $0.50 per diluted share in the first quarter of fiscal 2016, $0.24 per diluted share in the first quarter of... More