Enova International (ENVA) Tops Q3 EPS by 12c
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Enova Reports Third Quarter 2022 Results
October 27, 2022 4:16 PM EDTTotal revenue increased 12% sequentially and 42% from the third quarter of 2021 to $456 millionStrong profitability with diluted earnings per share of $1.57 and adjusted earnings per share of $1.74Total company originations were $1.2 billion, 10% higher sequentially and 40% higher than originations for the third quarter of 2021Continued solid credit performance with a sequentially stable total company net revenue margin of 64% as third quarter total consolidated portfolio net charge-offs as a percentage of average combined loan and finance receivables of 8.4% remained below pre-pandemic levelsThe credit outlook for the consolidated portfolio... More
