trending Market Intelligence /marketintelligence/en/news-insights/trending/qni2fiy5qjd6jew3zgamtq2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Envestnet updates 2018 guidance

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Fintech Intelligence Digital Newsletter: April 2021

Blog

Fintech Intelligence Newsletter: March 2021


Envestnet updates 2018 guidance

Envestnet Inc. raised guidance for 2018.

For 2018, the company expects adjusted EBITDA to be in the range of $153.0 million to $156.0 million, compared to the earlier forecast of $151.0 million to $155.0 million. The company raised its estimate for adjusted EPS to a range of $1.85 to $1.89 from the earlier range of $1.78 to $1.83.

For the third quarter, EPS is projected to be 50 cents.

The company posted adjusted net income of $19.3 million, or 41 cents per share, for the second quarter, up from $13.1 million, or 29 cents per share, for the prior-year period.