Overview

* Enova International ( ENVA ) Q3 revenue up 16% yr/yr but missed analyst expectations

* Adjusted EPS rose 37% yr/yr, reflecting strong operational performance

* Company repurchased $38 mln in shares during the quarter

Outlook

* Enova ( ENVA ) did not provide specific financial guidance for future quarters in its press release

Result Drivers

* ORIGINATIONS GROWTH - Enova ( ENVA ) reported a 22% increase in originations, contributing to revenue growth

* CREDIT PERFORMANCE - Strong credit performance with net charge-off ratio of 8.5% and net revenue margin of 57%

* DIVERSIFIED OFFERINGS - CEO attributes success to diversified product offerings and machine-learning models

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $802.67 $807 mln

Revenue mln (8

Analysts

)

Q3 Net $80.31

Income mln

Q3 Beat $218 mln $197.70

Adjusted mln (3

EBITDA Analysts

)

Q3 $196.77

Operatin mln

g Income

Q3 $110.16

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the consumer lending peer group is "buy"

* Wall Street's median 12-month price target for Enova International Inc ( ENVA ) is $137.50, about 19% above its October 21 closing price of $111.44

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)