Enova Q4 revenue slightly beats estimates

Reuters01-28
Enova Q4 revenue slightly beats estimates

Overview

  • Financial services firm's Q4 revenue rose 15%, slightly beating analyst expectations

  • Adjusted EPS for Q4 increased 33% yr/yr

  • Company repurchased $35 mln of common stock in Q4

Outlook

  • Enova expects acquisition of Grasshopper Bancorp to close in the second half of 2026

  • Company anticipates balanced growth strategy to deliver sustainable and profitable growth

  • Enova aims to enhance digital banking capabilities with Grasshopper acquisition

Result Drivers

  • ORIGINATIONS GROWTH - Originations rose 32% in Q4, contributing to revenue growth

  • STRONG CREDIT PERFORMANCE - Stable net charge-off ratio and improved 30+ day delinquency ratio reflect solid credit performance

  • LIQUIDITY POSITION - Liquidity, including cash and marketable securities, totaled $1.1 bln at year-end

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Slight Beat*

$839.39 mln

$838.59 mln (8 Analysts)

Q4 Net Income

$78.98 mln

Q4 Adjusted EBITDA

Beat

$211 mln

$208.02 mln (3 Analysts)

Q4 Operating Income

$186.65 mln

Q4 Pretax Profit

$98.78 mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the consumer lending peer group is "buy"

  • Wall Street's median 12-month price target for Enova International Inc is $184.50, about 16.4% above its January 26 closing price of $158.55

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPn1hLnrza

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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