Oportun Financial (NASDAQ:OPRT) Releases Earnings Results, Beats Expectations By $0.32 EPS

Oportun Financial (NASDAQ:OPRT) posted its quarterly earnings data on Wednesday. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32, Zacks reports. Oportun Financial had a negative return on equity of 6.59% and a negative net margin of 12.75%. Oportun Financial updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 1.100-1.300 EPS.

Oportun Financial Stock Up 21.3 %

OPRT traded up $1.26 during trading on Thursday, reaching $7.17. 1,104,040 shares of the company were exchanged, compared to its average volume of 305,241. Oportun Financial has a 12-month low of $2.05 and a 12-month high of $7.75. The company’s 50-day moving average is $4.15 and its two-hundred day moving average is $3.36. The company has a market cap of $257.90 million, a price-to-earnings ratio of -2.16 and a beta of 1.16.

Insider Activity

In other news, Director Mohit Daswani bought 7,420 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average price of $3.90 per share, with a total value of $28,938.00. Following the acquisition, the director now owns 41,924 shares of the company’s stock, valued at approximately $163,503.60. The trade was a 21.50 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Patrick Kirscht sold 8,403 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $3.80, for a total transaction of $31,931.40. Following the completion of the transaction, the insider now directly owns 333,360 shares of the company’s stock, valued at approximately $1,266,768. The trade was a 2.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have purchased a total of 41,264 shares of company stock worth $159,826 over the last ninety days. Company insiders own 9.30% of the company’s stock.

Oportun Financial Company Profile

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.