Elevate Credit, Inc. (NYSE:ELVT) is reporting third quarter earnings results on Monday 9th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.17 per share.
For the full year, analysts predict revenues of $ 499.52 million, while looking forward to income of $ 0.26 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 750.00 million ~ $ 770.00 million, where as bottomline are predicted in a range of $ 0.80 ~ $ 0.90 per share
Click Here For More Historical Outlooks Of Elevate Credit, Inc.
Previous Quarter Performance
Elevate Credit, Inc. disclosed income for the second quarter of $ 0.40 per share, from the revenue of $ 117.99 million. Street analysts expected Elevate Credit, Inc. to report income of $ 0.06 per share on revenue of $ 152.04 million for the second quarter. The top line results fell short of analysts by $ 34.05 million or 22.4 percent.
Stock Performance
On Friday, shares of Elevate Credit, Inc. has traded high as $ 2.71 and has cracked $ 2.35 on the downward trend, reaching $ 2.41 with volume of 500.70 thousand shares.
According to the previous trading day, closing price of $ 2.41, representing a 197.75 % increase from the 52 week low of $ 0.89 and a 55.69 % decrease over the 52 week high of $ 5.98.
The company has a market capital of $ 98.30 million and is part of the Financial Services sector and Credit Services industry.
Conference Call
Elevate Credit, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.elevate.com
Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The company offers unsecured online installment loans, lines of credit, and credit cards.
