Oportun Financial (OPRT) Scheduled to Post Earnings on Thursday

Oportun Financial (NASDAQ:OPRT) will issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.12) per share for the quarter. Oportun Financial has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Oportun Financial (NASDAQ:OPRT) last issued its earnings results on Tuesday, March 12th. The company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.58) by ($0.06). Oportun Financial had a negative return on equity of 31.58% and a negative net margin of 17.02%. The company had revenue of $262.60 million for the quarter, compared to analysts’ expectations of $261.64 million. On average, analysts expect Oportun Financial to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Oportun Financial Stock Performance

OPRT opened at $3.60 on Tuesday. The stock’s fifty day moving average is $2.93 and its two-hundred day moving average is $3.41. Oportun Financial has a 52 week low of $2.05 and a 52 week high of $7.73.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on OPRT shares. Jefferies Financial Group cut shares of Oportun Financial from a “buy” rating to a “hold” rating and lowered their price target for the stock from $9.00 to $3.50 in a research report on Thursday, March 14th. Keefe, Bruyette & Woods lowered their target price on Oportun Financial from $4.50 to $4.00 and set a “market perform” rating for the company in a report on Thursday, March 14th. JMP Securities reiterated a “market perform” rating and issued a $6.50 price target on shares of Oportun Financial in a report on Friday, March 15th. Finally, B. Riley decreased their price objective on Oportun Financial from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, April 24th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $6.00.

Oportun Financial Company Profile

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.