trending Market Intelligence /marketintelligence/en/news-insights/trending/qni2fiy5qjd6jew3zgamtq2 content esgSubNav
In This List

Envestnet updates 2018 guidance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Kensho Launches Word Error Rate Calculator

Blog

Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps

Blog

Bank failures: The importance of liquidity and funding data


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.