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Enova International (ENVA)
NYSE:ENVA
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.76Last Year’s EPS
1.91Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -9.02%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Positive
The earnings call highlights strong financial performance with record-breaking results in 2024, driven by impressive growth in both small business and consumer lending segments, improved credit quality, and operational efficiency. However, there are cautious notes regarding potential macroeconomic risks and regulatory changes. Overall, the positive aspects significantly outweigh the concerns.Company Guidance
During the Enova International Fourth Quarter 2024 Earnings Call, the company reported significant financial achievements and offered guidance for 2025. Enova experienced over 20% growth in revenue, originations, adjusted EBITDA, and adjusted EPS compared to 2023, resulting in record levels of revenue, originations, and EPS for the year. Specifically, fourth quarter originations increased by 20% year-over-year to $1.7 billion, with the total loan and finance receivables reaching $4 billion, a 21% increase from the previous year. The portfolio comprised 62% small business loans and 38% consumer loans, with small business lending revenue up by 36% year-over-year to $286 million and consumer revenue up by 19% to $434 million. Marketing expenses remained consistent at 21% of total revenue. The company anticipates a 15% growth in originations and around 25% growth in adjusted EPS for 2025, along with a reduction in cost of funds by approximately 50 basis points from the 2024 rate, assuming stable macroeconomic conditions. Enova plans to maintain its strategy of balanced growth and risk management while continuing its stock repurchase program to enhance shareholder value.Record Revenue and Growth
Enova achieved record levels of revenue, originations, and EPS in 2024, with revenue increasing by 25% year-over-year to $730 million in Q4.
Strong Small Business Lending
Small business lending revenue increased by 36% year-over-year to $286 million in Q4, with originations rising 20% to $1.1 billion.
Consumer Lending Growth
Consumer revenue increased 19% year-over-year to $434 million, with consumer originations up 21% to $602 million in Q4.
Improved Credit Quality
Net charge off ratio declined 80 basis points year-over-year to 8.9%. Both consumer and small business portfolios experienced meaningful decreases in net charge off ratios.
Operational Efficiency
Total operating expenses decreased to 34% of revenue from 37% in Q4 2023, showcasing efficient marketing and scalable operations.
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ENVA Earnings History
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 |
|---|---|---|---|
| Feb 04, 2025 | $112.94 | $114.74 | +1.59% |
| 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% |
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 Apr 29, 2025, TBA Not Confirmed.
What is Enova International (ENVA) earnings time?
Enova International (ENVA) earnings time is at Apr 29, 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 2025 (Q1) is 2.76.
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