OppFi (OPFI) Scheduled to Post Quarterly Earnings on Thursday

OppFi (NYSE:OPFI) is scheduled to be announcing its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. OppFi has set its FY 2024 guidance at 0.730-0.750 EPS and its Q3 2024 guidance at 0.200-0.220 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

OppFi (NYSE:OPFI) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.12. The company had revenue of $126.30 million during the quarter, compared to analysts’ expectations of $121.14 million. OppFi had a net margin of 1.00% and a return on equity of 28.73%. During the same period in the previous year, the company earned $0.19 EPS. On average, analysts expect OppFi to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OppFi Stock Performance

Shares of OPFI traded up $0.03 during trading hours on Tuesday, hitting $4.88. The stock had a trading volume of 27,951 shares, compared to its average volume of 270,865. The company’s fifty day simple moving average is $4.72 and its 200 day simple moving average is $3.92. OppFi has a 12-month low of $2.30 and a 12-month high of $5.58. The firm has a market cap of $420.90 million, a P/E ratio of 60.63 and a beta of 1.20.

Insider Transactions at OppFi

In other OppFi news, Director David Vennettilli sold 38,886 shares of OppFi stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $4.34, for a total transaction of $168,765.24. Following the transaction, the director now directly owns 94,497 shares of the company’s stock, valued at $410,116.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 84.00% of the company’s stock.

OppFi Company Profile

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.