Eaton Vance [profile] missed earnings estimates. The Boston firm reported earnings per share of $0.45 for the secodnd quarter of its fiscal year. Thompson Reuters analysts had expected an EPS of 48 cents.

The firm reported net inflows of $600 million into long-term funds and separate accounts in the second quarter of fiscal 2012, compared to net outflows of $1.1 billion in the first quarter of fiscal 2012.

Assets under management were $197.5 billion on April 30, 2012, an increase of three percent from the $191.7 billion on January 31, 2012 and down three percent from $203.0 billion on April 30, 2011.  

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