Oportun Financial: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Oportun Financial (NASDAQ:OPRT) reported Q4 earnings with an EPS of $-0.54, missing estimates by -46.0% against an expected $-0.37. Revenue increased by $700 thousand from the previous year. The company had previously missed EPS estimates last quarter, resulting in a 49.0% share price drop the following day.

March 12, 2024 | 8:35 pm
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NEGATIVE IMPACT
Oportun Financial reported a significant miss in Q4 earnings with an EPS of $-0.54 against an estimate of $-0.37, and a slight increase in revenue.
Given the significant miss in earnings per share and the historical context of a 49.0% drop in share price following last quarter's earnings miss, it's likely that OPRT's stock price will face downward pressure in the short term. The slight increase in revenue may not be sufficient to offset the negative impact of the earnings miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100