CURO Group Holdings Corp reports results for the quarter ended in September - Earnings Summary

Reuters
2023-11-04

* CURO Group Holdings Corp reported a quarterly adjusted loss of 81 cents​​ per share for the quarter ended in September, lower than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of three analysts for the quarter was for a loss of 76 cents per share. Wall Street expected results to range from -96 cents to -51 cents per share.

* Revenue fell 21.6% to $167.86 million from a year ago; analysts expected $194.95 million.

* CURO Group Holdings Corp's reported EPS for the quarter was a loss of $2.53​.

* The company reported a quarterly loss of $104.44 million.

* CURO Group Holdings Corp shares had fallen by 27.1% this quarter and lost 78.4% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 172% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for CURO Group Holdings Corp is $3.00 This summary was machine generated from LSEG data November 3 at 05:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2023 -0.76 -0.81 Missed

Jun. 30 2023 -0.61 -1.19 Missed

Mar. 31 2023 -0.79 -1.34 Missed

Dec. 31 2022 -0.12 -0.80 Missed

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