Envestnet (ENV) Tops Q2 EPS by 1c, Offers Q3 & FY Guidance

Envestnet (NYSE: ENV) reported Q2 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $141.7 million versus the consensus estimate of $139.23 million.

GUIDANCE:

Envestnet sees Q3 2016 EPS of $0.25-$0.26, versus the consensus of $0.27. Envestnet sees Q3 2016 revenue of $145.5-147.8 million, versus the consensus of $148.4 million.

Envestnet sees FY2016 revenue of $576-585 million, versus the consensus of $581.8 million.

For earnings history and earnings-related data on Envestnet (ENV) click here.

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