(EV) Eaton Vance Matches Expectations – sluggish fee income amid weak fund inflows
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Stock Blog Hub
Posted on August 20, 2009 at 23:55 PM EDT
Asset manager Eaton Vance Corp. (EV) reported fiscal third-quarter net income of $31.2 million, a decline of 37% year-over-year as performance was affected by sluggish fee income amid weak fund inflows. Excluding a charge associated with an IPO, earnings per share came in at 28 cents, matching the Zacks Consensus Estimate. The company stated that quarterly [...] (EV) Eaton Vance Matches Expectations – sluggish fee income amid weak fund inflows
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