Open Lending Q3 2023 Gaap EPS $0.02 Misses $0.07 Estimate, Sales $26.01M Miss $32.62M Estimate
Portfolio Pulse from saritha@benzinga.com
Open Lending reported Q3 2023 earnings of $0.02 per share, missing the analyst consensus estimate of $0.07 by 71.43%. This is a 89.47% decrease from the same period last year. The company also reported quarterly sales of $26.01 million, missing the analyst consensus estimate of $32.62 million by 20.28%. This is a 48.67% decrease from the same period last year.
November 07, 2023 | 9:38 pm
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Open Lending's Q3 2023 earnings and sales significantly missed estimates and decreased from the same period last year.
Open Lending's earnings and sales for Q3 2023 significantly missed analyst estimates and decreased from the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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