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

Envestnet

09/11/2021 06:27

* Envestnet Inc  ENV.N  reported quarterly adjusted earnings of
61 cents​​ per share for the quarter ended in September. The
mean expectation of eleven analysts for the quarter was
for earnings of 58 cents per share.
* Revenue rose 20% to $303.05 million from a year ago;  analysts
expected $300.66 million. 
* Envestnet Inc's reported EPS for the quarter was 21 cents​.
* The mean earnings estimate of analysts had risen by about 2.7%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Envestnet Inc shares had risen by 3.4% this quarter and
gained 0.8% so far this year.
* The company reported quarterly net income of $11.74 million.
* Wall Street's median 12-month price target for Envestnet Inc
is $89.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated November 9 at 06:27 a.m.
 ​All figures in US dollars unless otherwise stated