Earnings Preview: Envestnet
Portfolio Pulse from Benzinga Insights
Envestnet (NYSE:ENV) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $0.46. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $61.48 as of August 1, with a 52-week return of 4.79%.
August 04, 2023 | 11:46 am
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NEGATIVE IMPACT
Envestnet's upcoming earnings report could impact its stock price. Past performance shows a trend of price drops following earnings beats. The stock is currently trading at $61.48.
Envestnet's stock price has historically dropped following earnings beats. With the upcoming earnings report, there's a possibility of a similar trend, especially if the company beats the estimated EPS of $0.46. This makes the news highly relevant and important for ENV investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100