OppFi Q3 Adjusted EPS Tops Estimates at $0.37
OPFI is trading near its 52-week low of $5.36 (8.8% above the low).
Summary
OppFi posted Q3 adjusted EPS of $0.37, beating the IBES estimate of $0.34 by about 9%, with reported EPS of $0.40 on revenue of $149.2M and net income of $34.5M. This is the first look at results since the August 10th 10-Q, when the company reported record Q2 revenue of $145.2M and net income of $15.6M but cut full-year guidance. The beat matters because that guidance cut is the open question hanging over the stock, and a stronger-than-expected quarter is the first evidence the trend may be stabilizing; the company now narrows its 2026 view to revenue of $600M-$610M and adjusted EPS of $1.34 to $1.40. The company is also mid-way through its $132.8M acquisition of BNCCORP, which shareholders approved on September 17th, and carries a $100M credit facility at 12.5% interest with $75M drawn.
At the time of this announcement, OPFI was trading at $5.83 on NYSE in the Finance sector, with a market capitalization of approximately $464.4M. The 52-week trading range was $5.36 to $11.69. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.