Envestnet Inc expected to post earnings of 44 cents a share - Earnings Preview
22/02/2023 24:41
* Envestnet Inc ENV.N ENV is expected to show a fall in
quarterly revenue when it reports results on February 23.
* The Berwyn Pennsylvania-based company is expected to
report a
7.3% decrease in revenue to $296.151 million from $319.62
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
November 8 2022, for the period ended December 31, was for
revenue between $294.00 million and $296.00 million.
* Refinitiv's mean analyst estimate for Envestnet Inc is
for
earnings of 44 cents per share. The company's EPS guidance on
November 8 2022, for the period ended December 31, was between
$0.42 and $0.43
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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
$72.5, above its last closing price of $63.40.
The company's guidance on November 8 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD294 million and
USD54 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
Sep. 30 2022 0.42 0.42 0.45 Beat 8.3
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. 0.58 0.58 0.61 Beat 5.3
30 2021
Jun. 30 2021 0.55 0.54 0.67 Beat 23.5
Mar. 31 2021 0.61 0.61 0.64 Beat 4.7
Dec. 31 2020 0.65 0.65 0.69 Beat 6.3
This summary was machine generated February 22 at 00:41 GMT.
All figures in US dollars unless otherwise stated