OppFi Inc reports results for the quarter ended in December - Earnings Summary

Oppfi

08/03/2024 24:18

* OppFi Inc  OPFI.N  reported quarterly adjusted earnings of
10
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -19
cents.  The mean expectation of two analysts for the quarter was
for earnings of 8 cents per share. Wall Street expected
results to range from 7 cents to 8 cents per share.
    * Revenue rose 10.7% to $132.92 million from a year ago;
analysts
expected $135.43 million. 
    * OppFi Inc's reported EPS for the quarter was a loss of 31
cents​.
    * The company reported a quarterly loss of $5.57 million.
    * OppFi Inc shares had fallen by 29.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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

Wall Street's median 12-month price target for OppFi Inc is
$5.50 
This summary was machine generated from LSEG data March 8 at
12:18 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 2023      0.08           0.10           Beat
 Sep. 30 2023      0.07           0.16           Beat
 Jun. 30 2023      0.04           0.19           Beat
 Mar. 31 2023      -0.01          0.05           Beat