Loading...
•
Dec 31, 2023
Enova Q4 2023 Earnings Report
Enova reported strong Q4 2023 results, with revenue increasing by 20% and diluted earnings per share totaling $1.13.
Key Takeaways
Enova International reported a strong fourth quarter, with revenue increasing by 20% to $584 million. Diluted earnings per share were $1.13, and adjusted earnings per share were $1.83. The company saw record originations, driven by the SMB business, and maintained solid credit performance.
Total revenue increased 20% year-over-year to $584 million.
Diluted earnings per share totaled $1.13, and adjusted earnings per share totaled $1.83.
Total company combined loans and finance receivables increased 16% year-over-year to $3.3 billion.
Total company originations reached a quarterly record of $1.4 billion.
Enova
Enova
Forward Guidance
Enova feels like they are in a strong position heading into 2024 with an improving macroeconomic environment and good momentum across their entire product range.
Positive Outlook
- Improving macroeconomic environment
- Good momentum across entire product range
- Strong growth in originations
- Strong receivables
- Solid credit