Enova International Reports Strong Fourth-Quarter Earnings
CHICAGO, Feb. 28, 2023 - Enova International Inc. (ENVA) today announced its fourth-quarter earnings, posting an impressive $63.7 million in net income. This translates to $2.30 earnings per share, with adjusted earnings of $2.61 per share.
Exceeding analyst expectations, Enova's quarterly performance showcases the company's financial strength. The average analyst estimate from Zacks Investment Research projected earnings of $2.33 per share.
Revenue for the quarter reached $729.6 million, contributing to the company's annual revenue of $2.66 billion. For the full year, Enova reported a profit of $209.4 million, or $7.43 per share.
"Our strong fourth-quarter results demonstrate the continued momentum in our online financial services business," said CEO David Fisher. "We remain committed to providing our customers with innovative and accessible financial solutions."