Envestnet (ENV) Beats on Q4 Earnings & Revenues, Gains 8.3%

Envestnet, Inc. (ENV) reported impressive fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate.The stock has gained 8.3% since the earnings release on Feb 22, 2024, in response to the better-than-expected results.ENV’s earnings per share (EPS), excluding $4 from non-recurring items, were 65 cents, surpassing the consensus estimate by 22.6%. The bottom line increased 44.4% from the year-ago quarter.Total revenues of $317.6 million beat the consensus estimate by 1.7%. T ...