Market Overview

CURO Group Holdings: Q2 Earnings Insights

Share:

Shares of CURO Group Holdings (NYSE:CURO) moved higher by 5.41% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 1.92% year over year to $0.53, which beat the estimate of $0.39.

Revenue of $182,509,000 decreased by 30.95% year over year, which missed the estimate of $209,390,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

CURO Group Holdings hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $16.99

Company's 52-week low was at $3.43

Price action over last quarter: down 5.73%

Company Description

CURO Group Holdings Corp is a consumer finance company. It offers a broad range of consumer finance products including unsecured installment loans, secured installment loans, open-end loans, and single-pay loans. The company also provides ancillary financial products including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales, and money transfer services. The firm serves a wide range of underbanked consumers in the United States, Canada, and the United Kingdom. The majority of its revenue is derived from the United States.

 

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Posted-In: Earnings