OppFi (OPFI) Scheduled to Post Quarterly Earnings on Wednesday

OppFi (NYSE:OPFI) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. OppFi has set its FY 2024 guidance at 0.580-0.620 EPS.Parties that wish to register for the company’s conference call can do so using this link.

OppFi (NYSE:OPFI) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.05. The business had revenue of $127.34 million for the quarter, compared to the consensus estimate of $122.32 million. OppFi had a net margin of 0.83% and a return on equity of 25.16%.

OppFi Stock Down 3.8 %

Shares of NYSE OPFI opened at $3.70 on Wednesday. The firm’s 50-day simple moving average is $3.50 and its 200 day simple moving average is $3.23. The company has a market cap of $411.11 million, a price-to-earnings ratio of 61.59 and a beta of 1.20. OppFi has a 12-month low of $2.00 and a 12-month high of $5.34.

Analysts Set New Price Targets

Separately, JMP Securities reiterated a “market outperform” rating and set a $5.00 price target on shares of OppFi in a research report on Wednesday, April 17th.

About OppFi

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.