Eaton Vance reported earnings Wednesday for its first fiscal quarter of 2009, which ended on January 31. The company earned 21 cents per share, 3 cents above predictions by analysts polled by Thomson Reuters, but off from the 46 cents per share in Q1 of 2008.

The Boston firm reported a net income of $24.7 million, down from $57.9 million in Q1 2008, a 57 percent drop.

AUM decreased $1.2 billion, or 1 percent, to $121.9 billion on January 31, 2009 from $123.1 billion on October 31, 2008.  

Edited by: Erin Kello


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