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Enova International (ENVA)
NYSE:ENVA
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Enova International (ENVA) Earnings Date & Reports

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Earnings Data

Report Date
Jan 30, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
$2.27
Last Year’s EPS
$1.83
Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Oct 22, 2024
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% Change Since: 7.34%
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Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record originations and revenue, improved profitability metrics, and a positive outlook for the next quarter. Some caution was noted due to increased consumer delinquencies, but overall, the sentiment was optimistic with strong liquidity and shareholder value initiatives.
Company Guidance
During the Enova International Q3 2024 earnings call, the company reported robust financial metrics, including a 25% year-over-year increase in revenue reaching $690 million and a 28% rise in originations to $1.6 billion. The small business segment experienced a 38% revenue growth to $269 million, while consumer segment revenue grew 18% to $411 million. Enova achieved a record $3.8 billion in combined loan and finance receivables, with a portfolio mix of 62% small business and 38% consumer loans. Profitability was strong, with adjusted EBITDA rising 42% and adjusted EPS up 63%. The company's net charge-off rate decreased to 8.4% from 9.4% the previous year, reflecting stable credit quality. Enova maintained a healthy balance sheet with $1.2 billion in liquidity, enabling a new $300 million share repurchase program. The guidance for Q4 2024 anticipates over 20% year-over-year revenue growth, driven by continued strong demand and efficient operations.
Record Originations and Revenue
In Q3, originations increased 28% year-over-year to $1.6 billion, with small business loans surpassing $1 billion for the first time. Total revenue reached $690 million, a 25% increase year-over-year.
Strong Profitability Metrics
Adjusted EBITDA increased 42% year-over-year, and adjusted EPS rose 63%. Profitability metrics benefited from strong operating leverage and efficient credit management.
Improved Credit Quality
Net charge-offs as a percentage of average combined loan and finance receivables decreased to 8.4% in Q3 compared to 9.4% in the previous year.
Solid Liquidity and Shareholder Value Initiatives
The company ended Q3 with $1.2 billion in liquidity and announced a $300 million share repurchase program, supported by a strong balance sheet.
Positive Outlook for Q4 2024
Expectations for 20%+ year-over-year growth in originations, revenue, and EPS in Q4 2024, driven by a conducive macroeconomic environment.
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Enova International (ENVA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

ENVA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 30, 20252024 (Q4)
2.27 / -
1.83
Oct 22, 20242024 (Q3)
2.31 / 2.45
1.563.33% (+0.95)
Jul 23, 20242024 (Q2)
2.07 / 2.21
1.7228.49% (+0.49)
Apr 23, 20242024 (Q1)
1.72 / 1.91
1.796.70% (+0.12)
Jan 30, 20242023 (Q4)
1.66 / 1.83
1.763.98% (+0.07)
Oct 24, 20232023 (Q3)
2.00 / 1.50
1.74-13.79% (-0.24)
Jul 25, 20232023 (Q2)
1.68 / 1.72
1.644.88% (+0.08)
Apr 25, 20232023 (Q1)
1.53 / 1.79
1.677.19% (+0.12)
Feb 01, 20232022 (Q4)
1.71 / 1.76
1.619.32% (+0.15)
Oct 27, 20222022 (Q3)
1.62 / 1.74
1.516.00% (+0.24)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ENVA Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 22, 2024$89.87$88.17-1.89%
Jul 23, 2024$74.57$77.61+4.08%
Apr 23, 2024$64.32$63.54-1.21%
Jan 30, 2024$58.77$54.43-7.38%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Enova International (ENVA) report earnings?
Enova International (ENVA) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
    What is Enova International (ENVA) earnings time?
    Enova International (ENVA) earnings time is at Jan 30, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is ENVA EPS forecast?
          ENVA EPS forecast for the fiscal quarter 2024 (Q4) is $2.27.
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