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Open Lending (LPRO) Reports Q1 Earnings: What Key Metrics Have to Say
LPROOpen Lending(LPRO) Zacks Investment Research·2024-05-08 00:01

Open Lending (LPRO) reported 30.75millioninrevenueforthequarterendedMarch2024,representingayear−over−yeardeclineof19.930.75 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 19.9%. EPS of 0.04 for the same period compares to 0.10ayearago.Thereportedrevenuerepresentsasurpriseof+7.680.10 a year ago.The reported revenue represents a surprise of +7.68% over the Zacks Consensus Estimate of 28.55 million. With the consensus EPS estimate being $0.05, the EPS surprise was -20.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...