Oportun Financial Corp reports results for the quarter ended December 31 - Earnings Summary

Oportun Financial

13/02/2025 24:25

* Oportun Financial Corp  OPRT.OQ  reported quarterly
adjusted
earnings of 49 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of -53 cents.  The mean expectation of six analysts
for the quarter was for earnings of 4 cents per share. Wall
Street expected results to range from -13 cents to 15 cents per
share.
    * Revenue fell 4.5% to $250.90 million from a year ago;
analysts
expected $248.12 million. 
    * Oportun Financial Corp's reported EPS for the quarter was
20
cents​.
    * The company reported quarterly net income of $8.7 million.
    * Oportun Financial Corp shares had risen by 47.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 70.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the consumer
lending
peer group is also "buy"

Wall Street's median 12-month price target for Oportun Financial
Corp is $7.00 
This summary was machine generated from LSEG data February 13 at
12:25 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.04           0.49           Beat
 Sep. 30 2024      0.04           0.02           Missed
 Jun. 30 2024      -0.18          0.08           Beat
 Mar. 31 2024      -0.26          0.09           Beat