Enova International (NYSE:ENVA) Releases FY 2019 Earnings Guidance
Enova International (NYSE:ENVA) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $3.50-3.94 for the period, compared to the Thomson Reuters consensus estimate of $3.33. The company issued revenue guidance of $1.26-1.3 billion, compared to the consensus revenue estimate of $1.28 billion.Enova International also updated its FY19 guidance to $3.50-3.94 EPS.
Shares of Enova International stock traded up $2.73 during trading hours on Friday, reaching $25.23. The stock had a trading volume of 1,310,954 shares, compared to its average volume of 229,089. The company’s 50 day simple moving average is $22.55. The stock has a market cap of $850.93 million, a price-to-earnings ratio of 10.88 and a beta of 2.41. Enova International has a twelve month low of $17.85 and a twelve month high of $38.10. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 2.09.
Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, July 25th. The credit services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.17. The business had revenue of $285.70 million during the quarter, compared to the consensus estimate of $281.54 million. Enova International had a net margin of 7.09% and a return on equity of 25.65%. The company’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 earnings per share. On average, analysts forecast that Enova International will post 3.1 EPS for the current year.
About Enova International
Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers.
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