Oportun Financial Corp expected to post a loss of 37 cents a share - Earnings Preview

Oportun Financial

08/03/2024 21:22

* Oportun Financial Corp  OPRT.OQ   OPRT.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 12
for the period ending December 31 2023
    * The San Carlos California-based  company is expected to
report a
0.2% increase in revenue to $262.305 million from $261.9 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on November 6 2023,
for the period ended December 31, was for revenue between
$260.00 million and $265.00 million. (Sales/Revenue Majority
Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Oportun Financial Corp
is for
a loss of 37 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Oportun
Financial
Corp is $7.75​, above​ its last closing price of $3.61. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD260 million and
USD10 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.31        0.31       -0.46     Missed  -248.4
 Jun. 30 2023  -0.14       -0.14      0.06      Beat    142.3
 Mar. 31 2023  -1.43       -1.36      -2.60     Missed  -91.2​
 Dec. 31 2022  0.16        0.23       0.14      Missed  -37.8
 ​​Sep.        -0.11       -0.11      0.25      Beat    326.1
 30 2022                                                
 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. 31 2021  0.72        0.72       0.82      Beat    14.3
 This summary was machine generated March 8 at 21:22 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)