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LPROBearishEarningsnews
Materiality pending

Open Lending (LPRO) Lags Q1 Earnings Estimates

May 7, 2024, 6:44 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Open Lending missed earnings estimates with $0.04/share, down from $0.10/share last year. - Revenues were $30.75 million, beating estimates by 7.68%. - Stock has lost 38.4% YTD, underperforming the S&P 500. - Earnings outlook for Open Lending is mixed with a Zacks Rank #3. - Industry outlook for Financial - Consumer Loans is in the top 22% of Zacks industries. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Open Lending missed earnings estimates with $0.04/share, down from $0.10/share last year.
  • Revenues were $30.75 million, beating estimates by 7.68%.
  • Stock has lost 38.4% YTD, underperforming the S&P 500.
  • Earnings outlook for Open Lending is mixed with a Zacks Rank #3.
  • Industry outlook for Financial - Consumer Loans is in the top 22% of Zacks industries.

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