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Enova International (ENVA) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-07-29 13:51
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." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...
ENOVA ANNOUNCES PRIVATE OFFERING OF $400.0 MILLION OF SENIOR NOTES DUE 2029
Prnewswire· 2024-07-29 11:45
CHICAGO, July 29, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") today announced that it intends to offer, subject to market and other customary conditions, $400.0 million in aggregate principal amount of senior notes due 2029 (the "Notes"). The Notes will be guaranteed, jointly and severally, on a senior unsecured basis by Enova's existing and future domestic subsidiaries, subject to certain exceptions including for its securitization subsidiaries. The Notes and the ...
Enova International, Inc. Announces Cash Tender Offer and Consent Solicitation
Prnewswire· 2024-07-29 11:29
In conjunction with the Tender Offer, the Company is also soliciting consents (the "Consent Solicitation") from the holders of the Notes for the adoption of proposed amendments (the "Proposed Amendments"), which would, among other things, (i) eliminate substantially all of the restrictive covenants and certain events of default and related provisions contained in the indenture governing the Notes and (ii) reduce the minimum required notice period for the redemption of Notes from at least 30 days to at least ...
Enova(ENVA) - 2024 Q2 - Quarterly Report
2024-07-24 20:15
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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-35503 Enova International, Inc. (Exact name of registrant as specified in its charter) Delaware 45-3190813 (State or other jurisdic ...
Enova(ENVA) - 2024 Q2 - Earnings Call Transcript
2024-07-24 02:24
Enova International, Inc. (NYSE:ENVA) Q2 2024 Earnings Conference Call July 23, 2024 5:00 PM ET Company Participants Lindsay Savarese - IR David Fisher - Chairman & CEO Steven Cunningham - CFO Conference Call Participants Moshe Orenbuch - TD Cowen David Scharf - JMP Securities John Hecht - Jefferies John Rowan - Janney Montgomery Scott Vincent Caintic - BTIG Operator Good day and welcome to the Enova International Second Quarter 2024 Earnings Conference Call. [Operator Instructions]. Please note this event ...
Enova International (ENVA) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-23 22:31
Enova International, which belongs to the Zacks Financial - Consumer Loans industry, posted revenues of $628.44 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.54%. This compares to year-ago revenues of $499.43 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on managemen ...
Enova(ENVA) - 2024 Q2 - Quarterly Results
2024-07-23 20:16
"We delivered another quarter of strong results driven by the strength of our talented team, worldclass machine learning analytics, flexible online-only business model, diversified product offerings and solid balance sheet," said David Fisher, Enova's CEO. "We believe we are in a strong position heading into the back half of 2024 with considerable momentum, a constructive macroeconomic environment, and stable credit across our entire product range." generate meaningful financial results this year and beyond ...
Enova Reports Second Quarter 2024 Results
Prnewswire· 2024-07-23 20:16
"We delivered another quarter of strong results driven by the strength of our talented team, world-class machine learning analytics, flexible online-only business model, diversified product offerings and solid balance sheet," said David Fisher, Enova's CEO. "We believe we are in a strong position heading into the back half of 2024 with considerable momentum, a constructive macroeconomic environment, and stable credit across our entire product range." For information regarding the non-GAAP financial measures ...
Enova Announces Date of Second Quarter 2024 Financial Results Conference Call
Prnewswire· 2024-07-09 20:16
CHICAGO, July 9, 2024 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced the company's second quarter 2024 financial results will be released after the market close on Tuesday, July 23, 2024. The U.S. dial-in for the call is 1-855-560-2575 (1-412-542-4161 for non-U.S. callers). Please ask to join the Enova International call. A replay of the conference call will be available until July 30, 2024, at 10: ...
Enova To Present at the TD Financial Services & Fintech Summit
Prnewswire· 2024-05-23 20:16
CHICAGO, May 23, 2024 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced that Steve Cunningham, Chief Financial Officer, will present via a fireside chat format at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 3:50 p.m. Central Time / 4:50 p.m. Eastern Time. A live audio webcast and archive of Enova's fireside chat will be available on the company's website at http://ir.enova. ...