Enova Posts $4.48 Q3 Adjusted EPS, Topping Q2's $4.00
ENVA sits 54% above its 52-week low of $111.125.
Summary
Enova reported third-quarter adjusted EPS of $4.48, up from $4.00 diluted EPS in Q2 2026, when revenue rose 22% year over year to $929 million. Third-quarter EPS was $4.06 and net income was $107.3M. The print lands after a rough stretch: shares fell 25% to $169.15 on September 15, the worst daily drop since March 2020, when Enova withdrew its OCC and Federal Reserve applications to buy Grasshopper Bancorp and said it would accelerate buybacks instead. The Grasshopper merger was formally terminated October 16, 2026, with Enova making a payment to Grasshopper. A stronger quarter supports the pivot toward repurchases and the reaffirmed 2026 guidance, though the headline gives only the EPS line, so revenue, credit quality and any guidance change are still unknown.
At the time of this announcement, ENVA was trading at $171.00 on NYSE in the Finance sector, with a market capitalization of approximately $4.4B. The 52-week trading range was $111.13 to $267.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.