ENV Earning Date, Earning Analysis and Earning Prediction

Quarterly Results

ENV Earnings Forecast

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Earnings Forecast

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Currency: USD

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Earnings Surprise Analysis

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Earnings Reaction

The chart below shows how ENV performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ENV sees a +2.82% change in stock price 10 days leading up to the earnings, and a +0.31% change 10 days following the report. On the earnings day itself, the stock moves by -0.90%. This data can give you a slight idea of what to expect for the next quarter's release.

For example, in JUN/2024, the stock changed -0.13% on the day following the earnings release and then changed by 1.56% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.

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Frequently Asked Questions

What were the key highlights of ENV's latest earnings report for FY2024Q2?

ENV reported its FY2024Q2 earnings on 2024-08-09, showcasing a revenue of 348.00M against an estimate of 343.00M, resulting in a 1.62% surprise. The EPS was 0.26, surpassing the expected 0.4 by -35% . The stock experienced a -0.13% price change on the earnings day and a 1% change over the next five days, reflecting market reactions to the results.

How did ENV's stock price react after the FY2024Q2 earnings release?

Following ENV's FY2024Q2 earnings announcement on 2024-08-09, the stock price moved by -0.13% on the day of the release. Over the subsequent five days, it saw a 1.00% change. Historically, ENV's stock price tends to shift by an average of +2.82% in the 10 days leading up to earnings and +0.31% in the 10 days following, providing insight into potential market.

What are the revenue and EPS estimates for ENV for 2024/Q4?

For 2024/Q4, analysts estimate ENV’s annual revenue to reach 365.00M, while the EPS is projected at 1.00. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by % and EPS estimates No Change by % over the past three months, indicating analyst expectation in the company’s performance.

How does ENV's stock price correlate with earnings forecast revisions?

The correlation between ENV's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for were No Change by %, while EPS estimates moved No Change by % . This trend suggests that price dips could present buying opportunities for investors.

What should investors expect from ENV's next earnings report?

Based on historical trends, ENV's stock price typically moves by +2.82% in the 10 days before its earnings and +0.31% in the 10 days after. For the upcoming 2024/Q4 earnings, analysts expect an EPS of 1.00 and revenue of 365.00M.

What is the sentiment in Envestnet, Inc. (ENV) Q2 2024 Earnings Call Summary?

The acquisition by Bain Capital and strong financial performance, including 11% revenue growth and margin expansion, are positive indicators. Free cash flow improvement and leverage reduction further bolster financial health. Despite the absence of Q3 guidance, the pending acquisition is expected to provide value. However, regulatory risks and impairment charges pose potential challenges. Overall, the market cap suggests a moderate reaction, leading to a positive stock price movement prediction.