Envestnet Reports Second Quarter 2016 Financial Results

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

August 8, 2016 4:26 PM EDT

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... More