Envestnet (ENV) Tops Q4 EPS by 1c

Envestnet (NYSE: ENV) reported Q4 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $156 million versus the consensus estimate of $155.22 million.

“Recent client wins and our new business pipeline validate the interest in Envestnet’s intelligent systems for wealth management and financial wellness,” said Jud Bergman, Chairman and CEO.

“After another solid quarter to end 2016, we believe we are well positioned to continue our strong organic growth in 2017 and beyond, as we empower our customers to deliver better outcomes for their clients,” concluded Mr. Bergman.

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

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