Stonegate Capital Partners Updates 3Q24 Report on OppFi, Inc. (OPFI) [Yahoo! Finance]
OppFi Inc. Class A (OPFI)
Company Research
Source: Yahoo! Finance
Net Income, and adj. EPS of $136.6M, $31.5M, and $0.36, respectively. This compares to our/consensus estimates of $130.1M/$130.8M, $17.9M/$17.2M, and $0.21/$0.20. Net revenue margin was 66.7% for the quarter, which was a year over year margin expansion of 992 bps from 3Q23. The impressive performance this quarter is attributed to a notable increase in both total revenue and net income, setting new records for the Company. We expect this positive trajectory to persist throughout the remainder of 2024, as OppFi continues to prioritize strategic initiatives aimed at enhancing profitability and driving sustainable growth. To view the full announcement, including downloadable images, bios, and more, click here Key Takeaways: Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter. Adjusted net income increased 116.2% year over year to $28.8 million. Total revenue increased 2.6% year over year to $136.6 million. Click image above to view ful
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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
- 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 Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings OutlookBusiness Wire
- 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