Envestnet Inc reports results for the quarter ended in December - Earnings Summary

Envestnet

25/02/2022 14:51

* Envestnet Inc  ENV.N  reported quarterly adjusted earnings
of 50
cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
50 cents per share.
    * Revenue rose 21.2% to $319.62 million from a year ago; 
analysts
expected $311.40 million. 
    * Envestnet Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Envestnet Inc shares had fallen by 9.6% this quarter.
    * The company reported a quarterly loss of $5.11 million.
    * Wall Street's median 12-month price target for Envestnet
Inc is
$88.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 25 at 02:50 p.m.
 ​All figures in US dollars unless otherwise stated