Oportun Financial Corp reports results for the quarter ended in June - Earnings Summary

Oportun Financial

09/08/2023 08:43

* Oportun Financial Corp  OPRT.OQ  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was for a
loss of 14 cents per share.
    * Revenue rose 18.1% to $266.60 million from a year ago;
analysts
expected $251.54 million. 
    * Oportun Financial Corp's reported EPS for the quarter was
a loss
of 41 cents​.
    * The mean earnings estimate of analysts had risen by
about 24.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Oportun Financial Corp shares had fallen by 12.1% this
quarter and lost 4.7% so far this year.
    * The company reported a quarterly loss of $14.9 million.
    * Wall Street's median 12-month price target for Oportun
Financial
Corp is $7.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 07:43 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.14          0.06           Beat
 Mar. 31 2023      -1.36          -2.60          Missed
 Dec. 31 2022      0.23           0.14           Missed
 Sep. 30 2022      -0.11          0.25           Beat