OppFi Q1 2024 Adj EPS $0.10 Beats $0.05 Estimate, Sales $127.343M Beat $124.276M Estimate
Portfolio Pulse from Benzinga Newsdesk
OppFi reported Q1 2024 adjusted EPS of $0.10, doubling the consensus estimate of $0.05, and sales of $127.343M, surpassing the $124.276M estimate. This represents a 100% increase in EPS and a 5.79% increase in sales year-over-year.
May 08, 2024 | 9:44 am
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POSITIVE IMPACT
OppFi's Q1 2024 earnings and sales exceeded analyst expectations, with a significant increase in EPS and sales compared to the previous year.
The substantial beat on both earnings per share and sales estimates, coupled with significant year-over-year growth, is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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IMPORTANCE 90
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