Open Lending Corp <LPRO.OQ> expected to post earnings of 2 cents a share - Earnings Preview

• Open Lending Corp LPRO.OQ LPRO.O is expected to show a rise in quarterly revenue when it reports results on February 25 (estimated) for the period ending December 31 2024

• The Austin Texas-based company is expected to report a 60.8% increase in revenue to $24.023 million from $14.94 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $22.00 million and $26.00 million.

• ​LSEG's mean analyst estimate for Open Lending Corp is for earnings of 2 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Open Lending Corp is $7.00​, above​ its last closing price of $5.44. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD22 million and USD10 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 21 at 11:06 GMT. 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)