Benzinga | Aug 25, 2020 11:53AM EDT

Preview: Eaton Vance's Earnings

Eaton Vance (NYSE: EV) releases its next round of earnings this Wednesday, August 26. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.

Earnings and Revenue

Eaton Vance EPS is expected to be around $0.78, according to sell-side analysts. Sales will likely be near $406.23 million. Eaton Vance reported a per-share profit of $0.9 when it published results during the same quarter last year. Sales in that period totaled $431.24 million. The Wall Street estimate would represent a 13% decline in the company's earnings per share. Sales would be down 6% on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019EPS Estimate 0.76 0.84 0.88 0.86EPS Actual 0.80 0.86 0.95 0.90Revenue Estimate 427.78 M 444.20 M 439.75 M 432.95 MRevenue Actual 405.91 M 452.55 M 433.74 M 431.24 M

Stock Performance

Over the last 52-week period, shares are down 4.01%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Eaton Vance is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://www.eatonvance.com/overview.php