Enova International (ENVA) Posts Q3 EPS of $0.13
Enova International (NYSE: ENVA) reported Q3 EPS of $0.13, which may not compare with the analyst estimate of $0.36. Revenue for the quarter came in at $165.2 million versus the consensus estimate of $165.85 million.
"We are pleased by the continued traction of our U.S. installment products, particularly the success of our NetCredit near-prime offering. Our installment loan products continue to represent an increasing portion of our revenue mix, accounting for 40% of total revenue in the third quarter, up from 30% of total revenue for the same quarter last year. Moreover, during the third quarter the business originated the largest number of loans to new customers since the fourth quarter of 2013," said Robert Clifton, CFO of Enova.
Enova International sees FY2015 revenue of $160-180 million, versus the consensus of $177.3 million.
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