Analysts Expect Curo Group Holdings Corp (NYSE:CURO) Will Post Quarterly Sales of $270.32 Million
Wall Street analysts expect Curo Group Holdings Corp (NYSE:CURO) to announce $270.32 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Curo Group’s earnings, with estimates ranging from $262.20 million to $279.15 million. Curo Group posted sales of $248.98 million in the same quarter last year, which suggests a positive year-over-year growth rate of 8.6%. The firm is expected to issue its next quarterly earnings results on Monday, July 29th.
According to Zacks, analysts expect that Curo Group will report full year sales of $1.17 billion for the current financial year, with estimates ranging from $1.16 billion to $1.17 billion. For the next financial year, analysts expect that the business will post sales of $1.28 billion, with estimates ranging from $1.27 billion to $1.31 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Curo Group.
Curo Group (NYSE:CURO) last posted its quarterly earnings data on Monday, April 29th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.11. The company had revenue of $277.94 million for the quarter, compared to the consensus estimate of $274.86 million. Curo Group had a negative net margin of 3.06% and a positive return on equity of 425.17%.
NYSE CURO traded down $0.38 on Thursday, reaching $10.20. The company’s stock had a trading volume of 183,971 shares, compared to its average volume of 211,167. The stock has a market capitalization of $517.84 million, a price-to-earnings ratio of 5.90 and a beta of 3.72. The company’s 50-day moving average price is $10.08. Curo Group has a 52 week low of $8.73 and a 52 week high of $32.20. The company has a debt-to-equity ratio of 20.91, a quick ratio of 2.97 and a current ratio of 2.97.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA boosted its position in Curo Group by 3,582.4% in the first quarter. BNP Paribas Arbitrage SA now owns 2,504 shares of the company’s stock valued at $25,000 after buying an additional 2,436 shares in the last quarter. New York State Common Retirement Fund boosted its position in Curo Group by 33.0% in the fourth quarter. New York State Common Retirement Fund now owns 13,700 shares of the company’s stock valued at $130,000 after buying an additional 3,400 shares in the last quarter. Rhumbline Advisers boosted its position in Curo Group by 62.4% in the fourth quarter. Rhumbline Advisers now owns 14,120 shares of the company’s stock valued at $134,000 after buying an additional 5,423 shares in the last quarter. Mackenzie Financial Corp boosted its position in Curo Group by 7.5% in the fourth quarter. Mackenzie Financial Corp now owns 14,300 shares of the company’s stock valued at $136,000 after buying an additional 1,000 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in Curo Group by 12.1% in the fourth quarter. Squarepoint Ops LLC now owns 17,747 shares of the company’s stock valued at $168,000 after buying an additional 1,916 shares in the last quarter. 47.98% of the stock is currently owned by institutional investors and hedge funds.
Curo Group Company Profile
CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.
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