Oportun Financial (NASDAQ:OPRT) Posts Quarterly Earnings Results, Beats Estimates By $0.32 EPS

Oportun Financial (NASDAQ:OPRTGet Free Report) issued its earnings results on Wednesday. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.12 by $0.32, Zacks reports. Oportun Financial had a negative net margin of 12.75% and a negative return on equity of 6.59%. Oportun Financial updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 1.100-1.300 EPS.

Oportun Financial Stock Up 3.0 %

Shares of NASDAQ:OPRT traded up $0.17 during midday trading on Wednesday, hitting $5.91. 1,274,428 shares of the stock traded hands, compared to its average volume of 279,608. The stock has a market capitalization of $212.64 million, a PE ratio of -1.79 and a beta of 1.16. Oportun Financial has a one year low of $2.05 and a one year high of $5.99. The business’s 50 day moving average is $4.11 and its two-hundred day moving average is $3.34.

Insider Activity at Oportun Financial

In related news, CEO Raul Vazquez purchased 8,844 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average price of $3.86 per share, for a total transaction of $34,137.84. Following the completion of the acquisition, the chief executive officer now directly owns 1,257,328 shares in the company, valued at approximately $4,853,286.08. The trade was a 0.71 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mohit Daswani acquired 7,420 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was bought at an average price of $3.90 per share, with a total value of $28,938.00. Following the completion of the acquisition, the director now directly owns 41,924 shares in the company, valued at approximately $163,503.60. This represents a 21.50 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 41,264 shares of company stock worth $159,826 in the last 90 days. Company insiders own 9.30% of the company’s stock.

Oportun Financial Company Profile

(Get Free Report)

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.

Featured Articles

Earnings History for Oportun Financial (NASDAQ:OPRT)

Receive News & Ratings for Oportun Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oportun Financial and related companies with MarketBeat.com's FREE daily email newsletter.