Oportun Financial Corp reports results for the quarter ended December 31 - Earnings Summary

• Oportun Financial Corp OPRT.OQ reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -53 cents. The mean expectation of six analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -13 cents to 15 cents per share.

• Revenue fell 4.5% to $250.90 million from a year ago; analysts expected $248.12 million.

• Oportun Financial Corp's reported EPS for the quarter was 20 cents​.

• The company reported quarterly net income of $8.7 million.

• Oportun Financial Corp shares had risen by 47.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 70.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Oportun Financial Corp is $7.00

This summary was machine generated from LSEG data February 13 at 12:25 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)