Recap: Open Lending Q4 Earnings

Open Lending (NASDAQ:LPRO) reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Open Lending missed estimated earnings by -200.0%, reporting an EPS of $-0.04 versus an estimate of $0.04.

Revenue was down $11.88 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 10.0% drop in the share price the next day.

Here's a look at Open Lending's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.07	0.09	0.06	0.10
EPS Actual	0.02	0.09	0.10	-0.03
Revenue Estimate	32.62M	35.58M	32.14M	34.51M
Revenue Actual	26.01M	38.15M	38.36M	26.82M

To track all earnings releases for Open Lending visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.