Financial Engines (FNGN) Misses Q4 EPS by 1c

Financial Engines (NASDAQ: FNGN) reported Q4 EPS of $0.24, $0.01 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $73.5 million versus the consensus estimate of $72.6 million.

Financial Engines sees FY2015 revenue of $313-319 million, versus the consensus of $321.12 million.

Key operating metrics as of December 31, 2014

• Assets under contract (“AUC”) were $895 billion.
• Assets under management (“AUM”) were $104.4 billion.
• Members in Professional Management were over 848,000.
• Asset enrollment rates for companies where services have been available for 26 months or more averaged 13.3%

“As millions of baby boomers age and prepare for a longer retirement, it is clear that a growing number of Americans need more help,” said Larry Raffone, president and chief executive officer of Financial Engines. “Our long term growth strategy is rooted in our desire to create a unique offering and experience that will help people with their toughest financial decisions and confidently prepare them for retirement.”

For earnings history and earnings-related data on Financial Engines (FNGN) click here.

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