Enova International, Inc. ($ENVA) 3Q20 Earnings Sneak Preview

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Enova International, Inc. (NYSE:ENVA) is set to announce third quarter earning results on Tuesday 27th October 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, ENVA to report 3Q20 income of $ 0.85 per share.

For the full year, analysts anticipate top line of $ 1051.88 million, while looking forward to income of $ 3.16 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,418.00 million ~ $ 1,488.00 million, where as bottomline are predicted in a range of $ 4.53 ~ $ 5.82 per share

Click Here For More Historical Outlooks Of Enova International, Inc.

Previous Quarter Performance

Enova International, Inc. outlined income for the second quarter of $ 1.68 per share, from the revenue of $ 253.06 million. The quarterly earnings expanded 107.41 percent while revenues decreased 10.12 percent compared with the same quarter last year.
According to street consensus, ENVA was expected to report 2Q20 income of $ 0.92 per share from revenue of $ 265.66 million. The bottom line results beat street analysts by $ 0.76 or 82.61 percent, at the same time, top line results fell short of analysts by $ 12.6 million or 4.74 percent.

Stock Performance

Shares of Enova International, Inc. traded up $ 0.09 or 0.52 percent on Friday, reaching $ 17.41 with volume of 254.90 thousand shares. Enova International, Inc. has traded high as $ 17.63 and has cracked $ 17.04 on the downward trend

According to the previous trading day, closing price of $ 17.41, representing a 120.92 % increase from the 52 week low of $ 7.84 and a 40.95 % decrease over the 52 week high of $ 29.33.

The company has a market capital of $ 618.73 million and is part of the Financial Services sector and Credit Services industry.

Conference Call

Enova International, Inc. will be hosting a conference call at 5:00 PM eastern time on 27th October 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.enova.com

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. It offers loans to consumers under the names CashNetUSA and NetCredit in the United States; QuickQuid, Pounds to Pocket, and On Stride Financial names in the United Kingdom; and Simplic name in Brazil.