Enova International (ENVA) Tops Q2 EPS by 11c
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Enova Reports Second Quarter 2022 Results
July 28, 2022 4:16 PM EDTTotal revenue increased 6% sequentially in the second quarter of 2022 and 54% from the second quarter of 2021 to $408 millionStrong second quarter profitability with diluted earnings per share of $1.56 and adjusted earnings per share of $1.64Total company originations were $1.1 billion, 5% higher sequentiallyContinued strong credit performance with consolidated portfolio net charge-offs as a percentage of average combined loan and finance receivables of 7.2% in the second quarter of 2022, compared to 7.6% in the first quarter of 2022At June 30, total liquidity exceeded $1 billion, including cash and marketable securities of $232 million and available capacity on committed facilities of $803... More
