Envestnet (ENV) Q3 Earnings Top Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 08 2024
0mins
Source: NASDAQ.COM
Envestnet Earnings Report: Envestnet (ENV) reported quarterly earnings of $0.70 per share, exceeding expectations and showing an increase from $0.56 per share a year ago, although revenues of $345.95 million fell short of estimates by 1.23%. The company's stock has risen about 27% this year, outperforming the S&P 500.
Future Outlook: The earnings outlook for Envestnet is mixed, with a current Zacks Rank of #3 (Hold), indicating expected performance in line with the market. Investors are advised to monitor estimate revisions and industry trends, as these factors can significantly impact stock performance.
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Analyst Views on RVYL
About RVYL
RYVYL Inc. is a financial technology company that develops software platforms and tools that are focused on providing global payment acceptance and disbursement capabilities. It has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, identity theft protection, and rapid speed to settlement. Its products include QuickCard Payment System, Coyni Platform, and ChargeSavvy. Its QuickCard Payment System is a physical and virtual payment card processing management system, including software that facilitates on and off-ramp e-wallet management. Its coyni is a closed loop, token-based platform, supported by its blockchain technology. Its coyni offers custodial assurance by utilizing blockchain technology in a closed-loop ecosystem allowing for flexibility. ChargeSavvy strives to deliver client-driven solutions. ChargeSavvy offers both a full-service POS system or a companion mode system.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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