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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Eaton Vance has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Eaton Vance has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]