OppFi (OPFI) Set to Announce Earnings on Thursday

OppFi (NYSE:OPFI) is scheduled to be releasing its earnings data before the market opens on Thursday, November 7th. Analysts expect OppFi to post earnings of $0.21 per share for the quarter. OppFi has set its FY 2024 guidance at 0.730-0.750 EPS and its Q3 2024 guidance at 0.200-0.220 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

OppFi (NYSE:OPFI) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.17 by $0.12. OppFi had a net margin of 1.00% and a return on equity of 28.73%. The business had revenue of $126.30 million for the quarter, compared to analyst estimates of $121.14 million. During the same period in the previous year, the firm earned $0.19 EPS. On average, analysts expect OppFi to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OppFi Price Performance

OPFI traded up $0.03 during midday trading on Tuesday, reaching $4.88. 27,951 shares of the company’s stock were exchanged, compared to its average volume of 270,865. OppFi has a 1-year low of $2.30 and a 1-year high of $5.58. The stock has a market capitalization of $420.90 million, a PE ratio of 60.63 and a beta of 1.20. The business’s 50-day moving average price is $4.72 and its 200 day moving average price is $3.92.

Insider Buying and Selling

In other news, Director David Vennettilli sold 38,886 shares of the business’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $4.34, for a total value of $168,765.24. Following the completion of the transaction, the director now directly owns 94,497 shares of the company’s stock, valued at $410,116.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 84.00% of the company’s stock.

OppFi Company Profile

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.