MutualFundWire.com: Eaton Vance Q2 Profit is in Line with Expectations
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Wednesday, May 21, 2008

Eaton Vance Q2 Profit is in Line with Expectations


Eaton Vance reported earnings per diluted share of 43 cents in the quarter ended April 30, meeting analysts' forecasts. The Boston-based investment management firm earned 17 cents per diluted share in the year-ago period.

Net inflows into the firm's open-end funds totaled $2.2 billion in the second quarter of fiscal 2008, down from $2.8 billion a year ago. Company officials said a rise in net inflows into open-end stock funds of $1.1 billion was offset by decreases in open-end fixed income and floating-rate bank loan fund net flows.


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