Recap: Open Lending Q4 Earnings

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Open Lending 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.

Earnings

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.

Past Earnings Performance

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.

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