Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Enova International ($ENVA)

On Tuesday 22nd October 2024, investors and market participants can expect the release of Enova International (NYSE: ENVA) third quarter financial results. This crucial announcement will be made after market close.

In accordance with the forecasts of financial specialists on Wall Street, the concern is primed to announce an anticipated $2.31 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $666.33 million for this particular period.

The per-share income of $1.5 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $551.36 million recorded during that specific period.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $2.61 billion. Further, they expect the earnings per share to achieve profit of $8.62 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.21 +28.5% 628.44 M +25.8%
Q1 2024 $1.91 +6.7% 609.89 M +26.2%
Q4 2023 $1.83 +4.0% 583.59 M +20.0%
Q3 2023 $1.50 -13.8% 551.36 M +20.9%
Q2 2023 $1.72 +4.9% 499.43 M +22.4%
*Growth on year-over-year basis

 

ENVA will host a conference call with investment community on 22nd October 2024 at 05:00 PM eastern time to discuss the financial results.

Friday's trading saw Enova International (ENVA) shares hit a low of $86.13 and a high of $87.82, with a day volume of 136.90 thousand shares. The stock closed the regular trading session at $86.84, marking 1.16 percent decrease.

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