Core Insights - Enova International reported record financial results for the full year 2024, with originations, revenue, and adjusted EPS all reaching the highest levels in the company's history [2][10] - The company's portfolio expanded to nearly $4 billion, driven by strong performance in both SMB and consumer segments [2][10] - Enova's CEO expressed confidence in the company's momentum heading into 2025, emphasizing the ability to meet customer needs and create shareholder value [2] Fourth Quarter 2024 Summary - Total revenue for Q4 2024 was $730 million, a 25% increase from $584 million in Q4 2023 [10] - Net income for Q4 2024 was $64 million, or $2.30 per diluted share, representing an 83% increase from $35 million, or $1.13 per diluted share, in Q4 2023 [10] - Adjusted earnings per share for Q4 2024 rose 43% to $2.61 from $1.83 in Q4 2023 [10] - The net revenue margin was 57% in Q4 2024, consistent with 56% in Q4 2023, reflecting strong credit performance [10] Full Year 2024 Summary - Total revenue for the full year 2024 was $2.7 billion, a 26% increase from $2.1 billion in 2023 [10] - Net income for the full year 2024 was $209 million, or $7.43 per diluted share, a 20% increase from $175 million, or $5.49 per diluted share, in 2023 [10] - Adjusted EBITDA for the full year 2024 was $657 million, up 31% from $503 million in 2023 [10] - Adjusted earnings per share for the full year 2024 increased 34% to $9.15 from $6.85 in 2023 [10] Financial Position - As of December 31, 2024, liquidity, including cash and marketable securities, totaled $1.3 billion [10] - The total combined loans and finance receivables increased 20% from the end of Q4 2023 to a record $4.0 billion [10] - The company repurchased $51 million of common stock under its share repurchase program [10] Operational Highlights - Originations rose 20% in Q4 2024 compared to Q4 2023, with total company originations of $1.7 billion in the quarter [10] - The company reported a net revenue margin of 56.3% for Q4 2024, slightly up from 55.4% in Q4 2023 [10] - Delinquencies over 30 days decreased to 7.5% of the loan and finance receivable balance, down from 8.0% in the previous year [20]

Enova International - Enova International (ENVA) is expected to report a year-over-year increase in earnings, with a projected EPS of $2.33, reflecting a +27.3% change, and revenues of $731.65 million, up 25.4% from the previous year [3][10] - The earnings report is scheduled for February 4, 2025, and the actual results will significantly influence the stock price depending on whether they meet or exceed expectations [2][3] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Enova is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.15%, suggesting a bearish sentiment among analysts [10][11] - Enova has a Zacks Rank of 4, which complicates the prediction of an earnings beat [11] - Historically, Enova has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +6.52% in the last reported quarter [12][13] Industry Context - In the Zacks Financial - Consumer Loans industry, OneMain Holdings (OMF) is expected to post earnings of $1.12 per share, indicating a year-over-year decline of -19.4%, with revenues projected at $994.4 million, up 8.4% [17] - OneMain's consensus EPS estimate has been revised 3.5% lower in the last 30 days, but a higher Most Accurate Estimate gives it an Earnings ESP of 1.93%, suggesting a likely earnings beat [18]

Financial Results Announcement - Enova International will release its fourth quarter and full year 2024 financial results after the market close on February 4, 2025 [1] - The company will host a conference call to discuss the results at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day [2] - The live webcast of the call can be accessed on the Enova International Investor Relations website, along with the earnings press release and supplemental financial information [2] Conference Call Details - The U S dial-in number for the call is 1-855-560-2575, and the non-U S dial-in number is 1-412-542-4161 [3] - A replay of the conference call will be available until February 11, 2025, at 10:59 p m Central Time / 11:59 p m Eastern Time [3] - The archived version of the webcast will be available on the Enova International Investor Relations website for 90 days [3] Company Overview - Enova International is a leading financial services company specializing in online lending for small businesses and consumers underserved by traditional banks [4] - The company has provided over 11 1 million customers with more than $58 billion in loans and financing through its world-class analytics and machine learning algorithms [4]

Enova climbs in rankings as a result of a collaborative work culture, growth opportunities and top-tier benefits CHICAGO, Dec. 19, 2024 /PRNewswire/ -- For the 12th consecutive year, Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and world-class analytics, has been recognized as one of Foundry's Computerworld Best Places to Work in IT. Enova ranked 10th among midsize organizations. "Our team members are the driving force behind Enova's innovation. As a ...

Shares of Enova International (ENVA) have been strong performers lately, with the stock up 22.7% over the past month. The stock hit a new 52-week high of $108.15 in the previous session. Enova International has gained 92.8% since the start of the year compared to the 27% move for the Zacks Finance sector and the 41.4% return for the Zacks Financial - Consumer Loans industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consen ...

CHICAGO, Nov. 26, 2024 /PRNewswire/ -- Small businesses remain optimistic about future growth heading into the holiday season, 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: OnDeck (PRNewsfoto/OnDeck) Optimism and Growth: Most small business owners (92%) continue feeling optimistic about future growth, expecting mo ...

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Have you been paying attention to shares of Enova International (ENVA) ? Shares have been on the move with the stock up 20.9% over the past month. The stock hit a new 52-week high of $102.11 in the previous session. Enova International has gained 83.8% since the start of the year compared to the 24.1% move for the Zacks Finance sector and the 39.9% return for the Zacks Financial - Consumer Loans industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as ...

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