Oportun Financial Corporation (OPRT) Tops Q1 EPS by 22c

Oportun Financial Corporation (NASDAQ: OPRT) reported Q1 EPS of $0.41, $0.22 better than the analyst estimate of $0.19. Revenue for the quarter came in at $135.3 million versus the consensus estimate of $145.93 million.

“In the first quarter, we delivered strong operating results and profitability, maintained a solid credit profile, and advanced all of our 2021 strategic objectives," said Raul Vazquez, CEO of Oportun. "Our credit performance demonstrated the efficacy of our A.I.-driven models and reflected the favorable economic environment and stimulus impact, while operationally, we continued to provide our customers with best-in-class service. I'm proud of what we have achieved, and our first quarter results give us confidence that we are well positioned for growth in the months and years ahead."

For earnings history and earnings-related data on Oportun Financial Corporation (OPRT) click here.

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