Oportun Financial Corp expected to post a loss of $1.36 a share - Earnings Preview

Oportun Financial

06/05/2023 03:11

* Oportun Financial Corp  OPRT.OQ   OPRT.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 8. 
    * The San Carlos California-based  company is expected to
report 
a 14.6% increase in revenue to $246.057 million from $214.7
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
March 13 2023, for the period ended March 31, was for revenue
between $245.00 million and $250.00 million.
    * ​Refinitiv's mean analyst estimate for Oportun Financial
Corp is
for a loss of $1.36 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 10.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Oportun
Financial
Corp is $5.5​, above​ its last closing price of $4.02. ​​​

The company's guidance on March 13 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 245 million and -44 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.16        0.23       0.14      Missed  -37.8
 Sep. 30 2022  -0.11       -0.11      0.25      Beat    326.1
 Jun. 30 2022  0.09        0.09       0.11      Beat    26.2​
 Mar. 31 2022  0.59        0.59       1.58      Beat    169.7
 ​​Dec.        0.72        0.72       0.82      Beat    14.3
 31 2021                                                
 Sep. 30 2021  0.44        0.44       0.78      Beat    76.9​
 Jun. 30 2021  0.05        0.05       0.56      Beat    1,108.
                                                        7
 Mar. 31 2021  0.19        0.19       0.41      Beat    113.5
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated