Envestnet (ENV) Lags Q2 Earnings Estimates

Envestnet (ENV) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -12.70%. A quarter ago, it was expected that this financial services firm would post earnings of $0.54 per share when it actually produced earnings of $0.60, delivering a surprise of 11.11%. Over the last four quarters, t ...