Oportun Sees Q2 Total Revenue $245M-$250M vs $245.55M Est., Sees FY24 Revenue $985M-$1.01B vs $996.79M Est.
Portfolio Pulse from Benzinga Newsdesk
Oportun Financial Corporation projects its Q2 total revenue to be between $245M-$250M, closely aligning with the $245.55M estimate. For FY24, the company anticipates revenue to range from $985M to $1.01B, slightly below the $996.79M estimate.
May 09, 2024 | 10:06 pm
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Oportun Financial Corporation expects Q2 revenue to align with estimates and forecasts a slight miss for FY24 revenue compared to analyst expectations.
The company's Q2 revenue projection closely matches analyst estimates, indicating a stable short-term outlook. However, the slightly lower FY24 revenue forecast compared to analyst expectations could introduce some caution among investors, potentially leading to a neutral short-term impact on the stock price.
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