OppFi Inc Reaffirmed FY24 Revenue of $510M-$530M Vs $518.914M Est, Raised Adj EPS To $0.73-$0.75 (Prior $0.58-$0.62) Vs $0.60 Est
Portfolio Pulse from Benzinga Newsdesk
OppFi Inc has reaffirmed its FY24 revenue guidance of $510M-$530M, which is in line with the estimated $518.914M. Additionally, the company has raised its adjusted EPS guidance to $0.73-$0.75, up from the prior $0.58-$0.62, and above the estimated $0.60.
August 07, 2024 | 9:50 am
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OppFi Inc has reaffirmed its FY24 revenue guidance of $510M-$530M, which aligns with the market estimate of $518.914M. The company has also raised its adjusted EPS guidance to $0.73-$0.75, significantly higher than the previous guidance of $0.58-$0.62 and the market estimate of $0.60.
The reaffirmation of revenue guidance and the significant increase in adjusted EPS guidance above market estimates are strong positive indicators for OppFi Inc. This suggests improved financial performance and profitability, likely leading to a positive short-term impact on the stock price.
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