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

Oppfi

08/05/2024 14:52

* OppFi Inc  OPFI.N  reported quarterly adjusted earnings of
10
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 5
cents.  The mean expectation of three analysts for the quarter
was for earnings of 5 cents per share. 
    * Revenue rose 5.8% to $127.34 million from a year ago;
analysts
expected $124.28 million. 
    * OppFi Inc's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of $5.54
million.
    * OppFi Inc shares had risen by 12.6% this quarter and
lost 45.0%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 60%
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 May 8 at 01:51
p.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
 Mar. 31 2024      0.05           0.10           Beat
 Dec. 31 2023      0.08           0.10           Beat
 Sep. 30 2023      0.07           0.16           Beat
 Jun. 30 2023      0.04           0.19           Beat