Recap: Enova International Q3 Earnings

Shares of Enova International ENVA rose 4.11% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 245.35% year over year to $2.97, which beat the estimate of $0.85.

Revenue of $204,545,000 decreased by 37.93% from the same period last year, which missed the estimate of $218,260,000.

Guidance

Enova International hasn't issued any earnings guidance for the time being.

Enova International hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 27, 2020

Time: 05:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1019/38099

Recent Stock Performance

52-week high: $29.33

Company's 52-week low was at $7.84

Price action over last quarter: Up 27.20%

Company Profile

Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers primarily in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. Nearly 80% of all revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.