Enova Int.

Enova International, Inc. engages in the provision of online financial services. Its products and services include short-term consumer loan, line of credit accounts, instalment loans, receivables purchase agreements, credit services organization program, bank program, and decision management platform-as-a-service & analytics-as-a-service. It caters non-prime credit consumers and small businesses in the United States and Brazil. The company was founded by Albert Goldstein and Alexander Goldstein in 2003 and is headquartered in Chicago, IL.

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Enova International excels in Q4 2022, eyes growth opportunities

Enova International's Q4 2022 earnings call highlighted strong financial performance, strategic shifts towards consumer line of credit products, and growth opportunities in 2023.
The company's focus on credit risk management, SMB business expansion, and shareholder value creation positions them well for future success.
While challenges include balancing growth and risk, Enova's strengths in diversification, product mix, and market positioning offer a solid foundation for navigating the evolving economic landscape.

Enova International excels in Q1 2023, eyes growth opportunities

Enova International delivered strong financial performance in Q1 2023, showcasing growth in revenue, EBITDA, and EPS, driven by a focus on small business and consumer segments.
The company's emphasis on credit metrics, efficient cost management, and strategic growth plans position it well to navigate challenges and capitalize on opportunities.
With a commitment to balancing growth and risk, Enova International remains confident in its ability to adapt to market dynamics and create value for shareholders.

Enova International reports strong Q2 results, poised for strategic growth

Enova International demonstrated robust financial performance in Q2 2023, marked by significant revenue growth, improved credit quality, and strong liquidity. The company's strategic focus on consumer products and efficient operations underpin its growth prospects and resilience.
While facing challenges such as high operating costs and the need to sustain credit quality improvements, Enova has opportunities to leverage its capital strength, product strategy, and operational efficiency for future growth and market expansion.

Enova Int. reports record Q3 results, eyes growth opportunities in Q4

Enova Int. delivered strong Q3 results with record originations and revenue, despite lower adjusted EPS. The company's focus on credit performance, excess liquidity, and share repurchase program highlights financial stability. Opportunities for revenue and EPS growth in Q4 exist through portfolio evaluation and fair value accounting.

Enova International reports robust Q4 earnings and strategic growth plans

Enova International's Q4 2023 earnings call highlighted strong financial performance, with revenue growth, improved credit metrics, and strategic financial maneuvers. The company's outlook for 2024 underscores a focus on stable credit, growth in originations, and enhancing shareholder value through profitable growth strategies.

Enova International reports robust Q1 results and anticipates sequential EPS growth

Enova International's Q1 performance reflects strong growth in originations and revenue, supported by a robust balance sheet and prudent risk management.
While challenges in the non-prime lending landscape persist, Enova's focus on efficient expense management and sustained asset quality bodes well for future profitability.
With opportunities for further growth and a positive outlook for Q2, Enova remains well-positioned to drive shareholder value and navigate market dynamics.

Enova International excels in Q2 2024, eyes growth amid economic optimism

Enova International's Q2 2024 earnings call reflects a successful quarter marked by strong financial performance, growth in originations, and improved profitability. The company's focus on talent, analytics, and product offerings has driven revenue growth and solid credit quality, positioning Enova for continued success amidst economic opportunities and challenges.

Enova International reports stellar Q3 results, eyes sustained growth

Enova International's Q3 results underscore a robust operational performance, marked by record originations and revenue growth above 25% in key metrics.
The company's strong credit quality, focus on shareholder value, and solid financial position position it well for sustained growth and capital return initiatives.
While challenges in expense management and market dynamics persist, Enova's strategic focus on efficiency and growth opportunities bode well for future performance.

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Enova International (ENVA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Enova International, Inc. (ENVA) Hits Fresh High: Is There Still Room to Run?

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Are Investors Undervaluing Enova International (ENVA) Right Now?

Enova International (ENVA) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Growth Investors Shouldn't Overlook Enova International (ENVA)

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Enova International (ENVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Enova International (ENVA) Is Still a Bargain Stock

Enova International, Inc. has shown impressive growth, with a strong focus on innovative financial products and operational efficiency, outperforming market benchmarks. The company posted a Non-GAAP EPS of $2.45 and revenue of $689.92 million, driven by record originations and small business sector growth. Enova's valuation metrics suggest the stock is undervalued, with a forward P/E ratio of 8.2x and PEG ratio of 0.4, indicating potential for gains.

Enova's Strong Earnings Signal Continued Growth Potential

Enova International, Inc. (NYSE:ENVA ) Q3 2024 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Cassidy Fuller - IR David Fisher - CEO Steven Cunningham - CFO Conference Call Participants Moshe Orenbuch - TD Cowen David Scharf - Citizens JMP John Hecht - Jefferies John Rowan - Janney Vincent Caintic - BTIG Operator Good day, and welcome to the Enova International Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Enova International, Inc. (ENVA) Q3 2024 Earnings Call Transcript

Enova International (ENVA) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $1.50 per share a year ago.

Enova International (ENVA) Tops Q3 Earnings and Revenue Estimates

Strong top-line growth with total company revenue increasing 25% and originations increasing 28% from the third quarter of 2023 Diluted earnings per share of $1.57 increased 22% and adjusted earnings per share of $2.45 increased 63% compared to the third quarter of 2023 Credit performance remained strong compared to a year ago with lower consolidated net charge-off and delinquency ratios, a stable net revenue margin and a higher fair value premium on the total company portfolio Liquidity, including cash and marketable securities and available capacity on facilities, totaled $1.2 billion at September 30 CHICAGO , Oct. 22, 2024 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced financial results for the third quarter ended September 30, 2024.  "For the second quarter in a row, we generated annual growth above 25% in originations, revenue and adjusted EPS as we continue to leverage our world-class machine learning risk management algorithms and sophisticated unit economic framework to swiftly adapt to the operating environment," said David Fisher, Enova's CEO.

Enova Reports Third Quarter 2024 Results

Enova International (ENVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Enova International (ENVA) Reports Next Week: Wall Street Expects Earnings Growth

CHICAGO , Oct. 8, 2024 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced the company's third quarter 2024 financial results will be released after the market close on Tuesday, October 22, 2024. Enova will host a conference call to discuss its results at 4 p.m.

Enova Announces Date of Third Quarter 2024 Financial Results Conference Call

CHICAGO , Sept. 26, 2024 /PRNewswire/ -- Small businesses are overwhelmingly optimistic about their future growth, according to the latest  Small Business Cash Flow Trend Report from OnDeck, the leading small business lending company at Enova (NYSE: ENVA) and Ocrolus, the document AI and cash flow analytics platform for lenders.

New Report: Main Street Optimism Remains High as Digital Financing and Payment Solutions Expand

Enova International (ENVA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Enova International (ENVA) Is Attractively Priced Despite Fast-paced Momentum

Enova's (ENVA) new share buyback program worth $300 million replaces the existing program. The company's strong liquidity position is expected to help it sustain capital distributions.

Enova (ENVA) Announces New $300M Share Repurchase Program

Is Enova International (ENVA) a Solid Growth Stock? 3 Reasons to Think "Yes"

CHICAGO , Aug. 12, 2024 /PRNewswire/ -- Today, Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, issued $500 million in aggregate principal amount of Senior Notes due 2029 (the "Notes"). The Notes were offered at a price of 100.000% of the principal amount and will bear interest at 9.125% per annum.

ENOVA ANNOUNCES CLOSING OF $500.0 MILLION OF SENIOR UNSECURED NOTES DUE 2029

CHICAGO , Aug. 12, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, today announced that its Board of Directors has authorized a new share repurchase program totaling $300 million that expires December 31, 2025. Enova's existing $300 million repurchase program that would have expired on December 31, 2024 will terminate and be replaced by this new program.

ENOVA ANNOUNCES NEW $300 MILLION SHARE REPURCHASE PROGRAM

CHICAGO , Aug. 12, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") announced today the early tender results in connection with its previously announced cash tender offer (the "Tender  Offer") for any and all of the outstanding U.S.$375,000,000 aggregate principal amount of its 8.500% Senior Notes due 2025 (the "Notes"). The Company also announced receipt of the requisite consents in connection with its previously announced consent solicitation (the "Consent Solicitation") from the holders of the Notes (the "Holders") for the adoption of Proposed Amendments (as defined below).

Enova International, Inc. Announces Early Tender Results and Receipt of Requisite Consents

CHICAGO , Aug. 7, 2024 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, announced today that Lindsay Corby will join Enova's Board of Directors, effective immediately. "We are excited to welcome Lindsay to Enova's Board," said David Fisher, Enova CEO.

Enova Announces New Board Member Lindsay Corby

Does Enova International (ENVA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Enova International (ENVA) Is Up 12.75% in One Week: What You Should Know

Enova International (ENVA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Enova International (ENVA) Shows Fast-paced Momentum But Is Still a Bargain Stock

CHICAGO , July 29, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") today announced that it intends to offer, subject to market and other customary conditions, $400.0 million in aggregate principal amount of senior notes due 2029 (the "Notes"). The Notes will be guaranteed, jointly and severally, on a senior unsecured basis by Enova's existing and future domestic subsidiaries, subject to certain exceptions including for its securitization subsidiaries.

ENOVA ANNOUNCES PRIVATE OFFERING OF $400.0 MILLION OF SENIOR NOTES DUE 2029

CHICAGO , July 29, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of the outstanding U.S.$375,000,000 aggregate principal amount of its 8.500% Senior Notes due 2025 (the "Notes"). In conjunction with the Tender Offer, the Company is also soliciting consents (the "Consent Solicitation") from the holders of the Notes for the adoption of proposed amendments (the "Proposed Amendments"), which would, among other things, (i) eliminate substantially all of the restrictive covenants and certain events of default and related provisions contained in the indenture governing the Notes and (ii) reduce the minimum required notice period for the redemption of Notes from at least 30 days to at least two business days prior to the redemption date (maintaining the maximum notice period of not more than 60 days).

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