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

Oportun Financial

09/05/2023 24:10

* Oportun Financial Corp  OPRT.OQ  reported a quarterly
adjusted
loss of $2.60​​ per share for the quarter ended in March. The
mean expectation of five analysts for the quarter was for a loss
of $1.36 per share.
    * Revenue rose 20.9% to $259.50 million from a year ago;
analysts
expected $246.06 million. 
    * Oportun Financial Corp's reported EPS for the quarter was
a loss
of $3.00​.
    * The mean earnings estimate of analysts had fallen by
about 463.3% in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Oportun Financial Corp shares had risen by 4.1% this
quarter and
lost 27.0% so far this year.
    * The company reported a quarterly loss of $102.1 million.
    * Wall Street's median 12-month price target for Oportun
Financial
Corp is $5.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
8 at 11:09 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -1.36          -2.60          Missed
 Dec. 31 2022      0.23           0.14           Missed
 Sep. 30 2022      -0.11          0.25           Beat
 Jun. 30 2022      0.09           0.11           Beat