Eaton Vance Earnings Preview: Get Ahead of the Analysts
Eaton Vance (NYSE:EV) will report earnings before markets open on Wednesday, May 22nd. Eaton Vance Corp. creates, markets, and manages mutual funds. The Company also provides management and counseling services to individual and institutional clients. Eaton Vance currently provides investment advisory or administration services to individual and institutional accounts, as well as funds.
Here is your Cheat Sheet to Eaton Vance Earnings:
Earnings Expectations: Analysts expect earnings of $0.52 per share on revenues of $335.50 million. Currently, the company’s P/E ratio stands at 25.60.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.55 to a profit $0.56. For the current year, the average estimate is a profit of $2.17, which is the same as the estimate ninety days ago.
Here’s how Eaton Vance has been performing on an annual basis:
|Revenue ($) in millions||1,096||890.37||1,116||1,249||1,209|
|Diluted EPS ($)||1.57||1.07||1.40||1.75||1.72|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||295.61||304.77||298.77||309.89||318.52|
|Diluted EPS ($)||0.40||0.44||0.43||0.4603||0.38|
Eaton Vance has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)