Envestnet (ENV) Tops Q1 EPS by 2c

Envestnet (NYSE: ENV) reported Q1 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $246.5 million versus the consensus estimate of $243.05 million.

Outlook

The Company provided the following outlook for the second quarter ending June 30, 2020 and full year ending December 31, 2020. This outlook is based on the market value of assets on March 31, 2020. We caution that we cannot predict the market value of our assets on any future date and, in particular, in light of recent market volatility. See "Cautionary Statement Regarding Forward-Looking Statements."

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

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