Earnings Release Schedule - OppFi Inc (OPFI) is scheduled to release its third-quarter 2024 results on November 7, before market open [1] OppFi's Earnings History and Expectations - OPFI has surpassed the Zacks Consensus Estimate in the past four quarters, with an average surprise of 128.4% [2] - Operational and credit initiatives are expected to drive strong loss payment, recovery performance, improved operating performance, and net profit margin in Q3 2024 [3] - Customer originations are likely to have benefited from strategic credit and marketing initiatives aimed at driving lower-risk new origination [3] Q3 2024 Financial Estimates - The Zacks Consensus Estimate for Q3 2024 revenues is $128.9 million, indicating a 3.2% decrease from the year-ago quarter [4] - The consensus estimate for earnings is 21 cents per share, suggesting 31.3% growth from the year-ago quarter [4] - The bottom line is anticipated to be fueled by operational efficiency, stronger credit performance, and disciplined expense management [4] Earnings Prediction Model - The model does not conclusively predict an earnings beat for OPFI this quarter [5] - OPFI currently has an Earnings ESP of 0.00% and a Zacks Rank of 3 [5] Other Stocks to Watch - BlackSky Technology (BKSY) has a Zacks Consensus Estimate for Q3 2024 revenues of $26.9 million, indicating 26.7% growth from the year-ago quarter [7] - BKSY's consensus mark for loss is 61 cents per share, compared to a loss of 96 cents in the year-ago quarter [7] - BKSY has an Earnings ESP of +29.21% and a Zacks Rank of 2 [8] - Genpact (G) has a Zacks Consensus Estimate for Q3 2024 revenues of $1.2 million, indicating 4.5% growth from the year-ago quarter [9] - G's consensus estimate for earnings is 80 cents per share, suggesting a 5.3% increase from the year-ago quarter [9] - Genpact has an Earnings ESP of +1.04% and a Zacks Rank of 3 [10]
OppFi Set to Report Q3 Earnings: Here's What You Should Know