Reuters logo
REFILE-Eaton Vance quarterly profit triples on lower costs
August 20, 2014 / 1:06 PM / 3 years ago

REFILE-Eaton Vance quarterly profit triples on lower costs

(Corrects dateline)

Aug 20 (Reuters) - Asset manager Eaton Vance Corp’s quarterly profit tripled, due to a big drop in the company’s non-operating expenses.

Net income attributable to the company’s shareholders rose to $77.9 million, or 63 cents per share, in the third quarter ended July 31, from $23.2 million, or 18 cents per share, a year earlier.

Total assets under management rose to $288.2 billion from $268.8 billion at the end of July last year. (Reporting by Amrutha Gayathri in Bangalore; Editing by Joyjeet Das)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below