Envestnet Reports First Quarter 2016 Financial Results

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Envestnet (ENV) Tops Q1 EPS by 3c, Offers Q2 Guidance

May 5, 2016 5:16 PM EDT

Envestnet (NYSE: ENV) reported Q1 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $131.8 million versus the consensus estimate of $132 million.

GUIDANCE:

Envestnet sees Q2 2016 EPS of $0.20-$0.21, versus the consensus of $0.22. Envestnet sees Q2 2016... More