UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------|------------------------------------------------------------------------------|-------- ...

Enova International, Inc. (NYSE: ENVA ) has been quietly racking up some rather impressive numbers thanks to its innovative financial products and strong performance in both the small business and consumer markets.The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Alpha investor comp ...

Enova International (ENVA) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.52%. A quarter ago, it was expected that this online financial services company would post earnings of $2.08 per share when it actually produced earnings of $2.21, delivering a surprise of 6.25%.Over the last ...

Exhibit 99.1 Enova Reports Third Quarter 2024 Results • Strong top-line growth with total company revenue increasing 25% and originations increasing 28% from the third quarter of 2023 • Diluted earnings per share of $1.57 increased 22% and adjusted earnings per share of $2.45 increased 63% compared to the third quarter of 2023 • Credit performance remained strong compared to a year ago with lower consolidated net charge-off and delinquency ratios, a stable net revenue margin and a higher fair value premium ...

Strong top-line growth with total company revenue increasing 25% and originations increasing 28% from the third quarter of 2023Diluted earnings per share of $1.57 increased 22% and adjusted earnings per share of $2.45 increased 63% compared to the third quarter of 2023Credit performance remained strong compared to a year ago with lower consolidated net charge-off and delinquency ratios, a stable net revenue margin and a higher fair value premium on the total company portfolioLiquidity, including cash and ma ...

Enova International (ENVA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

CHICAGO, Sept. 26, 2024 /PRNewswire/ -- Small businesses are overwhelmingly optimistic about their future growth, according to the latest Small Business Cash Flow Trend Report from OnDeck, the leading small business lending company at Enova (NYSE: ENVA) and Ocrolus, the document AI and cash flow analytics platform for lenders. Key findings include: Optimism and Growth. A large majority of small businesses remain optimistic about business growth opportunities over the next 12 months. Payments: The use of alt ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ...

Enova International, Inc.'s (ENVA) board of directors has approved a new share repurchase plan. As part of the program, which expires on Dec 31, 2025, $300 million worth of shares are authorized for buyback. This new program replaces the existing $300 million share repurchase plan, announced in October 2023. The company repurchased roughly $201 million of shares during the first six months of 2024. Prior to the October 2023 program, ENVA announced a $100 million share repurchase plan in February 2022, which ...

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Enova International (ENVA) is recommended as a cutting-edge growth stock based on its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 13.2%, with projected EPS growth of 27.2% this year, significantly outperforming the industry average of 10.4% [5] Group 2: Financial Metrics - Enova International has an asset utilization ratio (sales-to-total-assets ratio) of 0.52, indicating it generates $0.52 in sales for every dollar in assets, compared to the industry average of 0.26 [7] - The company's sales are expected to grow by 23.2% this year, far exceeding the industry average growth of 0.9% [7] Group 3: Earnings Estimates - The current-year earnings estimates for Enova International have been revised upward, with the Zacks Consensus Estimate increasing by 7.6% over the past month [9] - The combination of a Growth Score of A and a Zacks Rank 2 positions Enova International favorably for potential outperformance [9][10]