Enova International, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2019 and Full Year Ending December 31, 2019
January 01, 2019 at 02:46 am IST
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Enova International, Inc. provided earnings guidance for the first quarter ending March 31, 2019 and full year ending December 31, 2019. For the quarter, the company expects total revenue of $280 million to $300 million, GAAP diluted earnings per share of $0.78 to $0.99. Income from operations expects to $56,400,000 to $66,400,000.
For the full year, the company expects total revenue of $1.25 billion to $1.31 billion, GAAP diluted earnings per share of $2.49 to $3.13. Income from operations expects to $202,900,000 to $232,900,000.
Enova International, Inc. is a technology and analytics company, which is focused on providing online financial services. The Company offers or arranges loans or draws on lines of credit to consumers in 37 states in the United States and Brazil. It also offers financing to small businesses in 49 states and Washington D.C. in the United States. Its customers include small businesses which have bank accounts but use alternative financial services because of their limited access to more traditional credit from banks, credit card companies and other lenders. The Companyâs products and services include consumer installment loans; small business installment loans; consumer line of credit accounts; small business line of credit accounts; CSO program, and bank programs. It markets its financing products under the names CashNetUSA at www.cashnetusa.com, NetCredit at www.netcredit.com, OnDeck at www.ondeck.com, Headway Capital at www.headwaycapital.com and Pangea at www.pangeamoneytransfer.com.
ENOVA INTERNATIONAL, INC. 
