OppFi Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings Outlook
OppFi Inc. Class A (OPFI)
Company Research
Source: Business Wire
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarterAdjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarterBasic and diluted EPS of $0.21 and $0.21, respectivelyAdjusted EPS1 increased 112.4% year over year to $0.33Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3%Average yield, annualized increased by 540 basis points year over year to 133.9%Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarterAdjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 CHICAGO--(BUSINESS WIRE)--OppFi Inc. (NYSE: OPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the third quarter ended September 30, 2024.“We’re proud to re
Show less
Read more
Impact Snapshot
Event Time:
OPFI
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
OPFI 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
OPFI alerts
High impacting OppFi Inc. Class A news events
Weekly update
A roundup of the hottest topics
OPFI
News
- OppFi Inc. (NYSE: OPFI) had its price target raised by analysts at Northland Securities from $6.00 to $8.00. They now have an "outperform" rating on the stock.MarketBeat
- Stonegate Capital Partners Updates 3Q24 Report on OppFi, Inc. (OPFI) [Yahoo! Finance]Yahoo! Finance
- OppFi Inc (OPFI) Q3 2024 Earnings Call Highlights: Record Revenue and Net Income Propel ... [Yahoo! Finance]Yahoo! Finance
- OppFi Inc. (OPFI) Surpasses Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- OppFi Announces Third Quarter 2024 Earnings Conference CallBusiness Wire
OPFI
Earnings
- 11/7/24 - Beat
OPFI
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- OPFI's page on the SEC website