Enova Int.

Enova International, Inc. engages in the provision of online financial services. Its products and services include short-term consumer loan, line of credit accounts, instalment loans, receivables purchase agreements, credit services organization program, bank program, and decision management platform-as-a-service & analytics-as-a-service. It caters non-prime credit consumers and small businesses in the United States and Brazil. The company was founded by Albert Goldstein and Alexander Goldstein in 2003 and is headquartered in Chicago, IL.

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Enova International excels in Q4 2022, eyes growth opportunities

Enova International's Q4 2022 earnings call highlighted strong financial performance, strategic shifts towards consumer line of credit products, and growth opportunities in 2023.
The company's focus on credit risk management, SMB business expansion, and shareholder value creation positions them well for future success.
While challenges include balancing growth and risk, Enova's strengths in diversification, product mix, and market positioning offer a solid foundation for navigating the evolving economic landscape.

Enova International excels in Q1 2023, eyes growth opportunities

Enova International delivered strong financial performance in Q1 2023, showcasing growth in revenue, EBITDA, and EPS, driven by a focus on small business and consumer segments.
The company's emphasis on credit metrics, efficient cost management, and strategic growth plans position it well to navigate challenges and capitalize on opportunities.
With a commitment to balancing growth and risk, Enova International remains confident in its ability to adapt to market dynamics and create value for shareholders.

Enova International reports strong Q2 results, poised for strategic growth

Enova International demonstrated robust financial performance in Q2 2023, marked by significant revenue growth, improved credit quality, and strong liquidity. The company's strategic focus on consumer products and efficient operations underpin its growth prospects and resilience.
While facing challenges such as high operating costs and the need to sustain credit quality improvements, Enova has opportunities to leverage its capital strength, product strategy, and operational efficiency for future growth and market expansion.

Enova Int. reports record Q3 results, eyes growth opportunities in Q4

Enova Int. delivered strong Q3 results with record originations and revenue, despite lower adjusted EPS. The company's focus on credit performance, excess liquidity, and share repurchase program highlights financial stability. Opportunities for revenue and EPS growth in Q4 exist through portfolio evaluation and fair value accounting.

Enova International reports robust Q4 earnings and strategic growth plans

Enova International's Q4 2023 earnings call highlighted strong financial performance, with revenue growth, improved credit metrics, and strategic financial maneuvers. The company's outlook for 2024 underscores a focus on stable credit, growth in originations, and enhancing shareholder value through profitable growth strategies.

Enova International reports robust Q1 results and anticipates sequential EPS growth

Enova International's Q1 performance reflects strong growth in originations and revenue, supported by a robust balance sheet and prudent risk management.
While challenges in the non-prime lending landscape persist, Enova's focus on efficient expense management and sustained asset quality bodes well for future profitability.
With opportunities for further growth and a positive outlook for Q2, Enova remains well-positioned to drive shareholder value and navigate market dynamics.

Enova International excels in Q2 2024, eyes growth amid economic optimism

Enova International's Q2 2024 earnings call reflects a successful quarter marked by strong financial performance, growth in originations, and improved profitability. The company's focus on talent, analytics, and product offerings has driven revenue growth and solid credit quality, positioning Enova for continued success amidst economic opportunities and challenges.

Enova International reports stellar Q3 results, eyes sustained growth

Enova International's Q3 results underscore a robust operational performance, marked by record originations and revenue growth above 25% in key metrics.
The company's strong credit quality, focus on shareholder value, and solid financial position position it well for sustained growth and capital return initiatives.
While challenges in expense management and market dynamics persist, Enova's strategic focus on efficiency and growth opportunities bode well for future performance.

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Enova International (ENVA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Enova International, Inc. (ENVA) Hit a 52 Week High, Can the Run Continue?

CHICAGO , July 11, 2023 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and world-class analytics, today announced the company's second quarter 2023 financial results will be released after the market close on Tuesday, July 25, 2023. Enova will host a conference call to discuss its results at 4 p.m.

Enova Announces Date of Second Quarter 2023 Financial Results Conference Call

ENVA has solid fundamentals and positioning to address a very large TAM. Growth may slow down in the near term despite a projected increase in marketing spend. I rate the stock neutral. My target price model suggests a 4% upside at year's end, which is not a compelling return in my view.

Enova: Small Upside, But Not A Screaming Buy

Enova International (ENVA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Enova International (ENVA)

Enova International, Inc. (ENVA) Q1 2023 Earnings Call Transcript.

Enova International, Inc. (ENVA) Q1 2023 Earnings Call Transcript

Enova International (ENVA) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.67 per share a year ago.

Enova International (ENVA) Beats Q1 Earnings Estimates

Total revenue increased 25% from the first quarter of 2022 to $483 million Strong profitability with diluted earnings per share of $1.56 and adjusted earnings per share of $1.79 Total company combined loans and finance receivables increased 28% from the end of first quarter of 2022 to $2.8 billion and total company originations increased 2% from the first quarter of 2022 to $1.1 billion Continued solid credit performance and outlook with a first quarter net revenue margin of 59%, a sequential decline in the quarterly total consolidated portfolio net charge-offs as a percentage of average combined loan and finance receivables to 8.2% and a sequential increase in the fair value of the consolidated portfolio as a percentage of principal to 111% at March 31 At March 31, total liquidity, including cash and marketable securities and available capacity on facilities, totaled $905 million Repurchased $17 million of common stock under our share repurchase program and purchased and retired $44 million of senior notes during the quarter CHICAGO , April 25, 2023 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced financial results for the first quarter ended March 31, 2023.  "We delivered another quarter of solid top- and bottom-line results, with our balanced approach to growth enabling us to successfully navigate the current macroeconomic backdrop," said David Fisher, Enova's CEO.

Enova Reports First Quarter 2023 Results

CHICAGO , April 11, 2023 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced the company's first quarter 2023 financial results will be released after the market close on Tuesday, April 25, 2023.

Enova Announces Date of First Quarter 2023 Financial Results Conference Call

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Enova International (ENVA) Stock Undervalued Right Now?

Enova is facing regulatory uncertainties. Enova diversifies this risk with growing its SMB lending business.

Enova: Significant Changes In Business, Insignificant Changes In Valuation

Enova International (ENVA) could produce exceptional returns because of its solid growth attributes.

Enova International (ENVA) is an Incredible Growth Stock: 3 Reasons Why

Janus Henderson Group

SoFi Technologies

Earnings reports and a bullish market are driving all three of these stocks higher today.

Why SoFi, Janus Henderson, and Enova International Are Rising Today

Enova International, Inc. (NYSE:ENVA ) Q4 2022 Earnings Conference Call February 1, 2023 5:00 PM ET Company Participants Lindsay Savarese - Investor Relations David Fisher - Chief Executive Officer Steven Cunningham - Chief Financial Officer Conference Call Participants David Scharf - JMP John Hecht - Jefferies John Rowan - Janney Vincent Caintic - Stephens Operator Good day and welcome to the Enova International Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Enova International, Inc. (ENVA) Q4 2022 Earnings Call Transcript

Enova International (ENVA) delivered earnings and revenue surprises of 6.67% and 0.32%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Enova International (ENVA) Surpasses Q4 Earnings and Revenue Estimates

Total revenue increased 7% sequentially and 34% from the fourth quarter of 2021 to $486 million Strong profitability with diluted earnings per share of $1.56 and adjusted earnings per share of $1.76 Total company originations were $1.2 billion, 9% higher than originations for the fourth quarter of 2021, and total receivables, on an amortized basis, increased 46% from year-end 2021 to $2.9 billion Continued solid credit performance and outlook with a fourth quarter net revenue margin of 60%, total consolidated portfolio net charge-offs as a percentage of average combined loan and finance receivables of 8.8% for the fourth quarter and an increase in the fair value of the consolidated portfolio as a percentage of principal to 110% at December 31 At year-end 2022, total liquidity was $729 million, including cash and marketable securities of $196 million and available capacity on revolving facilities of $533 million CHICAGO , Feb. 1, 2023 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced financial results for the fourth quarter and year ended December 31, 2022.  "Looking back on 2022, our team executed remarkably well in an evolving macro environment by delivering meaningful growth while effectively managing risk," said David Fisher, Enova's CEO.

Enova Reports Fourth Quarter and Full Year 2022 Results

CHICAGO , Jan. 31, 2023 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced that Steve Cunningham, Chief Financial Officer, will present via a fireside chat format at the Credit Suisse 24th Annual Financial Services Forum on Tuesday, February 14, 2023 at 11:05 a.m. ET. A live audio webcast and archive of Enova's fireside chat will be available on the company's website at http://ir.enova.com.

Enova To Present at the Credit Suisse 24th Annual Financial Services Forum

CHICAGO , Jan. 18, 2023 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced the company's fourth quarter and full year 2022 financial results will be released after the market close on Wednesday, February 1, 2023. Enova will host a conference call to discuss its results at 4 p.m.

Enova Announces Date of Fourth Quarter and Full Year 2022 Financial Results Conference Call

Enova's collaborative work environment, challenging development opportunities and industry-leading benefits helped Enova rank among Best Places to Work CHICAGO, Dec. 14, 2022 /PRNewswire/ -- Foundry's Computerworld announced Enova International as one of the 2023 Best Places to Work in IT. This award recognizes the top organizations that challenge their IT teams while providing great benefits and compensation.

Enova Announces of Decade of Recognition as one of Computerworld's Best Places to Work in IT

CHICAGO , Nov. 7, 2022 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced that its Board of Directors has authorized an increase to the company's common stock share repurchase program of up to $150 million. This new authorization expires on December 31, 2023, and will go into effect when the existing $100 million share repurchase authorization, which has approximately $19 million remaining as of November 4, 2022, is exhausted.

Enova Announces Increase to Share Repurchase Program

Enova International, Inc. (NYSE:ENVA ) Q3 2022 Earnings Conference Call October 27, 2022 5:00 PM ET Company Participants Lindsay Savarese – Investor Relations David Fisher – Chief Executive Officer Steve Cunningham – Chief Financial Officer Conference Call Participants David Scharf – JMP John Rowan – Janney John Hecht – Jefferies Vincent Caintic – Stephens Operator Good afternoon, and welcome to the Enova International Third Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Enova International, Inc. (ENVA) Q3 2022 Earnings Call Transcript

Enova International (ENVA) delivered earnings and revenue surprises of 8.75% and 3.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Enova International (ENVA) Surpasses Q3 Earnings and Revenue Estimates

Total revenue increased 12% sequentially and 42% from the third quarter of 2021 to $456 million Strong profitability with diluted earnings per share of $1.57 and adjusted earnings per share of $1.74 Total company originations were $1.2 billion, 10% higher sequentially and 40% higher than originations for the third quarter of 2021 Continued 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 levels The credit outlook for the consolidated portfolio remained stable at the end of the third quarter as the fair value of the consolidated portfolio as a percentage of principal rose sequentially to 108% and the ratio of total receivables past due 30 days or more of 5.6% at September 30 was flat to the end of the third quarter of 2021  At September 30, total liquidity was $769 million, including cash and marketable securities of $189 million and available capacity on committed facilities of $580 million CHICAGO , Oct. 27, 2022 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced financial results for the third quarter ended September 30, 2022.  "We are pleased with our strong results this quarter," said David Fisher, Enova's Chief Executive Officer.

Enova Reports Third Quarter 2022 Results

Regional Management

Muted consumer sentiments, recessionary fears and worsening asset quality hurt the Zacks Consumer Loans industry players. Efforts to digitize operations and the easing lending standards will aid companies like Enova International (ENVA) & Regional Management (RM).

2 Consumer Loan Stocks to Buy Despite Industry Headwinds

CHICAGO , Oct. 13, 2022 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced the company's third quarter 2022 financial results will be released after the market close on Thursday, October 27, 2022. Enova will host a conference call to discuss its results at 4 p.m.

Enova Announces Date of Third Quarter 2022 Financial Results Conference Call

Does Enova International (ENVA) have what it takes to be a top stock pick for momentum investors? Let's find out.

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