Open Lending Reports Third Quarter 2021 Financial Results

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Go back to Open Lending Reports Third Quarter 2021 Financial Results

Open Lending (LPRO) PT Lowered to $40 at Jefferies

November 10, 2021 8:03 AM EST

Jefferies analyst Ryan Carr lowered the price target on Open Lending (NASDAQ: LPRO) to $40.00 (from $50.00) while maintaining a Buy rating.

The analyst commented, "3Q21 revs and adj. EPS beat our forecast while 49,332 of certs were 8% shy of our forecast. Revs grew 97%... More

Open Lending Corp. (LPRO) Tops Q3 EPS by 2c

November 9, 2021 4:58 PM EST

Open Lending Corp. (NASDAQ: LPRO) reported Q3 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $58.9 million versus the consensus estimate of $54.69 million.

GUIDANCE:

Open Lending Corp. sees FY2021 revenue of $200-212 million, versus the... More