Envestnet Inc expected to post earnings of 45  cents a share - Earnings Preview

Envestnet

04/05/2022 03:08

* Envestnet Inc  ENV.N   ENV  is expected to show a rise in
quarterly revenue when it reports  results on May 5. 
    * The Berwyn Pennsylvania-based  company is expected to
report  a
17.6% increase in revenue to $323.616 million from $275.11
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Envestnet Inc is
for
earnings of 45 cents per share. For the same quarter last year,
the company reported earnings of 64 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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
$90​, above​ its last closing price of $77.16. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.55        0.54       0.67      Beat    23.5​
 Mar. 31 2021  0.61        0.61       0.64      Beat    4.7
 ​​Dec.        0.65        0.65       0.69      Beat    6.3
 31 2020                                                
 Sep. 30 2020  0.59        0.58       0.72      Beat    23.9​
 Jun. 30 2020  0.47        0.47       0.59      Beat    24.6
 Mar. 31 2020  0.45        0.45       0.57      Beat    25.7
 This summary was machine generated May 4 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated