Oportun Financial Q2 EPS $0.06 Beats $(0.14) Estimate, Sales $267.00M Beat $251.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oportun Financial (NASDAQ:OPRT) reported Q2 earnings of $0.06 per share, beating the analyst consensus estimate of $(0.14) by 142.86%. However, this is a 45.45% decrease from the same period last year. The company also reported quarterly sales of $267.00 million, beating the analyst consensus estimate of $251.54 million by 6.15%, and marking an 18.25% increase from the same period last year.
August 08, 2023 | 8:26 pm
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POSITIVE IMPACT
Oportun Financial's Q2 earnings and sales beat analyst estimates, despite a YoY decrease in earnings per share. This could potentially boost investor confidence.
Oportun Financial's Q2 earnings beat analyst estimates, which is generally a positive signal for investors. However, the YoY decrease in earnings per share might be a concern. The increase in sales YoY is also a positive sign, indicating growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100