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UPDATE: Eaton Vance Q1 Profit Up 5%

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Eaton Vance (NYSE: EV) reported a 5% rise in its first-quarter profit.

Net income attributable to shareholders climbed to $49.8 million, or $0.38 per share. Excluding items, Eaton Vance earned $0.50 per share.

Its consolidated assets under management surged to $247.8 billion at January 31.

Eaton Vance shares closed at $40.86 yesterday.

Posted-In: profitEarnings News

 

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