Eaton Vance Corp. (EV) announced earnings for fourth quarter that declined from last year.
The company said its profit came in at $61.80 million, or $0.53 per share. This was lower than $83.10 million, or $0.68 per share, in last year's fourth quarter.
The company said revenue for the quarter fell 7.3% to $341.46 million. This was down from $368.38 million last year.
Eaton Vance Corp. earnings at a glance:
-Earnings (Q4): $61.80 Mln. vs. $83.10 Mln. last year.
-Earnings Decline (Y-o-Y): -25.6%
-EPS (Q4): $0.53 vs. $0.68 last year.
-EPS Decline (Y-o-Y): -22.1%
-Revenue (Q4): $341.46 Mln vs. $368.38 Mln last year.
-Revenue Change (Y-o-Y): -7.3%
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