Eaton Vance Q4 Adj. Profit Tops View - Quick Facts

(RTTNews) - Eaton Vance Corp. (EV) reported fourth-quarter net income attributable to shareholders of $80.1 million or $0.66 per share, compared to $57.2 million or $0.45 per share, last year.

Adjusted net income to shareholders was $83.1 million or $0.68 per share, up from $70 .0 million or $0.55 per share in the prior year period. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.64 for the quarter. Analysts' estimates typically exclude special items.

Revenue for the latest fourth quarter rose to $368.38 million from $356.93 million in the comparable quarter last year, while 11 analysts expected revenue of $369.14 million for the quarter.