Overview
US digital finance platform's Q1 revenue rose 8.3% yr/yr to record level
Adjusted EPS for Q1 beat analyst expectations
Company announced new $40 mln share repurchase program
Outlook
OppFi expects 2026 to be a pivotal year of investment and business transformation
Company says unified regulatory supervision will simplify compliance and support scalable growth
OppFi sees significant opportunities for growth and product diversification in 2026
Result Drivers
CORE OPERATIONS - Co said record Q1 revenue reflects strength of core operations
STRATEGIC INITIATIVES - Co said 2026 is a pivotal year of investment as it combines its digital platform with BNC's national bank charter, aiming to unlock growth and product diversification
Company press release: ID:nPn7TjFdGa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Beat
$0.35
$0.33 (4 Analysts)
Q1 EPS
$0.56
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for OppFi Inc is $15.00, about 53.8% above its May 6 closing price of $9.75
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)