Brief: Propel Q2 EPS USD 0.36

Propel Holdings

06/08/2025 21:41

Overview

Propel Q2 revenue rises 34% yr/yr, but missed analyst expectations, per LSEG data

Adjusted EPS for Q2 misses consensus

Adjusted net income beats estimates, per LSEG data

Co announces 8% dividend increase, marking eighth consecutive increase

Outlook

Propel expects strong results in the second half of 2025

Company plans to expand products and enter new markets

Propel increases dividend by 8% effective Q3 2025

Company sees AI platform and risk management as key differentiators

Result Drivers

STRONG CONSUMER DEMAND - Propel attributes record revenue growth to strong consumer demand and its AI-powered platform

RECORD LOAN ORIGINATIONS - Total Originations Funded increased by 35% to a record $194.4 mln, driving revenue growth

CREDIT PERFORMANCE - Provision for loan losses as a percentage of revenue decreased, indicating improved credit performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$143 mln
$144.30 mln (5 Analysts)
Q2 Adjusted EPS
Miss
$0.45
$0.46 (6 Analysts)
Q2 EPS
$0.36
Q2 Adjusted Net Income
Beat
$19.20 mln
$18.50 mln (4 Analysts)
Q2 Net Income
$15.10 mln
Q2 Adjusted EBITDA
Miss
$35.20 mln
$36.70 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy"

Wall Street's median 12-month price target for Propel Holdings Inc is C$45.00, about 20.1% above its August 5 closing price of C$35.95

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nCNW703Rda

(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.)