OppFi Inc Affirmed FY24 Revenue of $510M-$530M Vs $520.12M Est, Expects Adj EPS of $0.58-$0.62 (Prior $0.53-$0.57) Vs $0.55 Est

5/8/24 5:52:51 AM ET

$OPFI

Finance: Consumer Services

Finance

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Full Year 2024 Guidance Update

Affirm total revenue
- $510 million to $530 million
Raise adjusted net income
- $50 million to $54 million from previous range of $46 million to $49 million
Increase adjusted earnings per share
- $0.58 to $0.62 from previous range of $0.53 to $0.57, based on approximate weighted average diluted share count of 86.5 million

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Recent Analyst Ratings for
$OPFI

Date	Price Target	Rating	Analyst
3/11/2022	$10.00 → $6.00	Market Outperform	JMP Securities
3/11/2022	$10.00 → $4.50	Buy	Needham
8/20/2021	$7.00	Neutral	Piper Sandler
8/17/2021	$10.00	Buy	Needham

More analyst ratings

$OPFI
Financials

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OppFi Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings Outlook
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter Adjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarter Basic and diluted EPS of $0.21 and $0.21, respectively Adjusted EPS1 increased 112.4% year over year to $0.33 Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3% Average yield, annualized increased by 540 basis points year over year to 133.9% Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarter Adjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 OppFi Inc. (
11/7/24 5:30:00 AM ET
$OPFI
Finance: Consumer Services
Finance
OppFi Announces Third Quarter 2024 Earnings Conference Call
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024. Management will host a conference call on November 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 Internatio
10/24/24 4:15:00 PM ET
$OPFI
Finance: Consumer Services
Finance
OppFi Reports Record Second Quarter Profitability and Revenue, Raises Full-Year Earnings Outlook By More Than 20%
Net income increased 53.1% year over year to $27.7 million, a Company record for a second quarter Adjusted net income increased 56.2% year over year to $24.8 million, a Company record for a second quarter Basic and diluted EPS of $0.16 and $0.16, respectively Adjusted EPS increased 53.5% year over year to $0.29 Net charge-off rate as a percentage of total revenue decreased 370 basis points year over year to 32.5% Total revenue yield increased by 600 basis points year over year to 134.8% Total revenue increased 3.1% year over year to $126.3 million, a Company record for a second quarter Adjusted EPS guidance for full-year 2024 increased to $0.73 to $0.75 from $0.58 to $0.62 A
8/7/24 5:45:00 AM ET
$OPFI
Finance: Consumer Services
Finance

OppFi Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings Outlook
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter Adjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarter Basic and diluted EPS of $0.21 and $0.21, respectively Adjusted EPS1 increased 112.4% year over year to $0.33 Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3% Average yield, annualized increased by 540 basis points year over year to 133.9% Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarter Adjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 OppFi Inc. (
11/7/24 5:30:00 AM ET
$OPFI
Finance: Consumer Services
Finance
OppFi Announces Third Quarter 2024 Earnings Conference Call
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024. Management will host a conference call on November 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 Internatio
10/24/24 4:15:00 PM ET
$OPFI
Finance: Consumer Services
Finance
OppFi Inc at August 20th Virtual Investor Summit Microcap Event
NEW YORK, NY / ACCESSWIRE / August 15, 2024 / OppFi Inc (NYSE:OPFI) is a tech-enabled specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation.Q2-24 results were a record for a Q2, and OPFI raised full-year 2024 earnings guidance by more than 20%Recently diversified business by acquiring minority stake in Bitty Advance to expand mission to small business financingEvent: Q3 Investor SummitDate: August 20th, 2024Presentation Time: 2:00 pm ET Location: https://www.webcaster4.com/Webcast/Page/3062/51137The theme is 50 micro-cap compani
8/15/24 12:00:00 AM ET
$OPFI
Finance: Consumer Services
Finance

Launching Next Phase of Strategic Growth Plan, Cadre Founder Ryan Williams Steps into Executive Chairman Role, Appoints Jared Kaplan as Cadre's next CEO
Kaplan, former CEO of OppFi and Co-Founder of Insureon will lead Cadre's next chapter as Williams also assumes role of Co-Chairman of Global Investment Committee Ryan Williams, Founder and CEO of Cadre, today announced his decision to assume the roles of Executive Chairman and Co-Chairman of Cadre's Global Investment Committee, and to appoint Jared Kaplan, an entrepreneurial executive with extensive operating experience leading fintech firms, as Cadre's next CEO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220623005370/en/Ryan Williams, Founder, Executive Chairman and Co-Chairman of Global Investment Committee, Cadre (Photo:
6/23/22 11:30:00 AM ET
$OPFI
Finance: Consumer Services
Finance
OppFi Appoints Manuel Chagas as Chief Operating Officer, Shaun Smolarz as Head of Investor Relations
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointments of Manuel ("Manny") Chagas as Chief Operating Officer and Shaun Smolarz as Head of Investor Relations. In his role as Chief Operating Officer, Chagas will manage OppFi's people team, operations functions, and banking partnerships to attain greater productivity as well as optimize employee and customer experiences. "We are fortunate to add Manny to our senior leadership team," said Todd Schwartz, Chief Executive Officer and Executive Chairman of OppFi. "He has an impressive track record of improvin
5/3/22 6:30:00 AM ET
$OPFI
Finance: Consumer Services
Finance
OppFi Appoints Pamela Johnson as Chief Financial Officer
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointment of Ms. Pamela ("Pam") Johnson as the Company's Chief Financial Officer. Johnson joined OppFi as Chief Accounting Officer in 2021. Previously, she was Chief Financial Officer for more than 10 years at consumer finance companies Heights Finance Corporation and Pioneer Financial Services. Johnson also served nine years in accounting with a large, regional bank. She began her career in public accounting at KPMG. Johnson will replace Mr. Shiven Shah, who served as the Company's Chief Financial Officer f
3/25/22 7:30:00 AM ET
$OPFI
Finance: Consumer Services
Finance

OppFi Inc Affirmed FY24 Revenue of $510M-$530M Vs $520.12M Est, Expects Adj EPS of $0.58-$0.62 (Prior $0.53-$0.57) Vs $0.55 Est

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Recent Analyst Ratings for $OPFI

$OPFI SEC Filings

SEC Form 10-Q filed by OppFi Inc.

OppFi Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

OppFi Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

$OPFI Insider Trading

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Chief Executive Officer Schwartz Todd G. returned 100,000 units of Class V Common Stock to the company (SEC Form 4)

Director Zeeman Gregory T was granted 49,328 shares, increasing direct ownership by 36% to 186,737 units (SEC Form 4)

Director Schwartz Theodore G was granted 49,328 shares, increasing direct ownership by 36% to 186,737 units (SEC Form 4)

$OPFI Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by OppFi Inc.

Amendment: SEC Form SC 13D/A filed by OppFi Inc.

SEC Form SC 13G/A filed by OppFi Inc. (Amendment)

$OPFI Financials

Live finance-specific insights

OppFi Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings Outlook

OppFi Announces Third Quarter 2024 Earnings Conference Call

OppFi Reports Record Second Quarter Profitability and Revenue, Raises Full-Year Earnings Outlook By More Than 20%

$OPFI Analyst Ratings

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JMP Securities reiterated coverage on OppFi with a new price target

Needham reiterated coverage on OppFi with a new price target

Piper Sandler initiated coverage on OppFi with a new price target

$OPFI Press Releases

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$OPFI Leadership Updates

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OppFi Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings Outlook

OppFi Announces Third Quarter 2024 Earnings Conference Call

OppFi Inc at August 20th Virtual Investor Summit Microcap Event

Launching Next Phase of Strategic Growth Plan, Cadre Founder Ryan Williams Steps into Executive Chairman Role, Appoints Jared Kaplan as Cadre's next CEO

OppFi Appoints Manuel Chagas as Chief Operating Officer, Shaun Smolarz as Head of Investor Relations

OppFi Appoints Pamela Johnson as Chief Financial Officer

$OPFI Market Insights

Live Market Insights

OppFi shares are trading higher after the company beat Q1 estimates and issued strong FY24 EPS guidance.

OppFi Inc Affirmed FY24 Revenue of $510M-$530M Vs $520.12M Est, Expects Adj EPS of $0.58-$0.62 (Prior $0.53-$0.57) Vs $0.55 Est

OppFi Q1 2024 Adj EPS $0.10 Beats $0.05 Estimate, Sales $127.343M Beat $124.276M Estimate

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$OPFI

$OPFI
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