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
Show less
Read more
Impact Snapshot
Event Time:
LPRO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LPRO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LPRO alerts
High impacting Open Lending Corporation - Class A news events
Weekly update
A roundup of the hottest topics
LPRO
News
- New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis [Yahoo! Finance]Yahoo! Finance
- New and Used Vehicle Markets Stabilizing, According to Open Lending AnalysisBusiness Wire
- 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
LPRO
Earnings
- 11/7/24 - Miss
LPRO
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- LPRO's page on the SEC website