Envestnet Inc expected to post earnings of 42cents a share - Earnings Preview
05/11/2022 03:00
* Envestnet Inc ENV.N ENV is expected to show a fall in
quarterly revenue when it reports results on November 8.
* The Berwyn Pennsylvania-based company is expected to
report a
0.1% decrease in revenue to $302.602 million from $303.05
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
August 4 2022, for the period ended September 30, was for
revenue between $301.50 million and $303.50 million.
* Refinitiv's mean analyst estimate for Envestnet Inc is
for
earnings of 42 cents per share. The company's EPS guidance on
August 4 2022, for the period ended September 30, was between
USD0.4 and USD0.42
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Envestnet
Inc is
$68, above its last closing price of $47.22.
The company's guidance on August 4 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD301.5 million and
USD53 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Jun. 30 2022 0.45 0.45 0.49 Beat 8.4
Mar. 31 2022 0.45 0.45 0.47 Beat 4.4
Dec. 31 2021 0.50 0.50 0.50 Met 0.6
Sep. 30 2021 0.58 0.58 0.61 Beat 5.3
Jun. 0.55 0.54 0.67 Beat 23.5
30 2021
Mar. 31 2021 0.61 0.61 0.64 Beat 4.7
Dec. 31 2020 0.65 0.65 0.69 Beat 6.3
Sep. 30 2020 0.59 0.58 0.72 Beat 23.9
This summary was machine generated November 5 at 03:00 GMT. All
figures in US dollars unless otherwise stated