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Epoch Holding Corp. Reports Operating Results (10-Q)

Feb 06, 2012 | About:
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10qk

Epoch Holding Corp. (EPHC) filed Quarterly Report for the period ended 2011-12-31.

Epoch Holding Corp. has a market cap of $584.62 million; its shares were traded at around $25.12 with a P/E ratio of 25.9 and P/S ratio of 8.28. The dividend yield of Epoch Holding Corp. stocks is 1.27%.


This is the annual revenues and earnings per share of EPHC over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of EPHC.


Highlight of Business Operations:

Basic earnings per share increased to $0.25 for the three months ended December 31, 2011, a 39% increase compared to $0.18 for the same period a year ago, after removing the effect of a $5.0 million tax valuation allowance release in the prior year period.

We continued to expand our global distribution network. Operating revenues from clients domiciled outside the U.S. represented approximately 34% of our total operating revenue compared to 30% for the same six-month period a year ago. The following charts show our operating revenue by geographic region as a percentage of total operating revenue for the six months ended December 31, 2011 and 2010:

Basic earnings per share were $0.25 compared to $0.40 per share for the same period a year ago. Excluding the effect of the tax valuation allowance release in the prior year, basic earnings per share for the prior year period would have been $0.18 per share.

Basic earnings per share were $0.44 compared to $0.54 per share for the same period a year ago. Excluding the effect of the tax valuation allowance release in the prior year, basic earnings per share for the prior year period would have been $0.33 per share.

Our operating income increased by 24%, and is reflective of a 14% increase in operating revenue, partially offset by a 7% increase in operating expenses. The increase in operating revenue was driven by a $3.2 billion increase in AUM, including $1.6 billion of net client inflows. An increase in employee compensation costs, stemming from accrued incentive compensation, was the primary contributor to the increase in operating expenses during the current three month period.

Read the The complete Report

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