Open Lending Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
Open Lending Corporation - Class A (LPRO)
Company Research
Source: Yahoo! Finance
Profit margin: 6.1% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.012 (down from US$0.025 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 78%. Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Capital Markets industry in the US. Performance of the American Capital Markets industry. The company's shares are up 1.0% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Open Lending that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historic
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High impacting Open Lending Corporation - Class A news events
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LPRO
News
- These Analysts Just Made A Substantial Downgrade To Their Open Lending Corporation (NASDAQ:LPRO) EPS Forecasts [Yahoo! Finance]Yahoo! Finance
- Open Lending Corp (LPRO) Q3 2024 Earnings Call Highlights: Strong Customer Acquisition Amidst ... [Yahoo! Finance]Yahoo! Finance
- Open Lending (LPRO) Q3 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Open Lending Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Open Lending Reports Third Quarter 2024 Financial ResultsGlobeNewswire
LPRO
Earnings
- 11/7/24 - Miss
LPRO
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/7/24 - Form SC
- LPRO's page on the SEC website