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goeasy Second-Quarter Adjusted Income Lower, But Beats Forecast
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goeasy Second-Quarter Adjusted Income Lower, But Beats Forecast
Aug 6, 2025 2:00 PM

04:40 PM EDT, 08/06/2025 (MT Newswires) -- goeasy (GSY.TO) Wednesday after hours said second-quarter adjusted income fell slightly but was above estimates.

The consumer-finance company's adjusted income, which excludes most one-time items, fell 4% to $68.5 million, or $4.11 per share, from $71.3 million, or $4.10, in the prior-year period. Analysts polled by FactSet had forecast $3.96 per share.

Revenue increased 11% to $418.3 million, from $377.8 million, beating the consensus analyst estimate of $408.3 million, according to FactSet. goeasy reported a record $904 million in loan originations, up 9% over last year. The increase in lending was driven by a record volume of applications for credit, which jumped 23%, a statement said.

goeasy will pay a regular quarterly dividend of $1.46 per share, on Oct. 10.

goeasy shares closed down $0.48 to $186.00 on the Toronto Stock Exchange.

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