OPRT

Oportun Financial Corporation (OPRT) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.4 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.26 per share when it actually produced earnings of $0.27, delivering a surprise of +3.85%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Oportun Financial, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $228.8 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.46%. This compares to year-ago revenues of $235.9 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Oportun Financial shares have added about 9.8% since the beginning of the year versus the S&P 500's gain of 7.6%. While Oportun Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Oportun Financial was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interest...

Achieves all first quarter guidance metrics Delivers sixth consecutive quarter of GAAP profitability Strengthens balance sheet and liquidity position Reiterates full-year 2026 guidance SAN MATEO, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the "Company") today reported financial results for the first quarter ended March 31, 2026. “Having joined Oportun last month, I’m encouraged by the team’s disciplined execution in the first quarter,” said Doug Bland, CEO of Oportun. “The business has made meaningful progress strengthening its foundation, including continued GAAP profitability, lower funding costs and improved liquidity. At the same time, it is clear there is more work ahead to improve through-cycle credit performance and rebuild durable, profitable growth. Based on my review to date, we are reiterating our full year 2026 guidance.” Added Paul Appleton, Oportun's Interim Chief Financial Officer: “We expect to ramp originations from first quarter levels through the remainder of the year while maintaining credit discipline and reducing our loss rates. We are also advancing our risk-based pricing initiative, which we expect to launch in the second half of the year, expanding access to customers we are not able to serve today. I am pleased that our full year 2026 Adjusted EPS guidance of $1.50 to $1.65 continues to reflect 16% year-over-year growth at the midpoint.” First Quarter 2026 Results Financial and Operating Results All figures are as of or for the quarter ended March 31, 2026, unless otherwise noted. Operational Drivers Originations – In line with expectations under a tight credit posture, Aggregate Originations for the first quarter were $417 million, a decrease of 11% compared to $469 million in the prior-year quarter. Management continues to expect to grow originations in the mid-single-digits range over the course of full year 2026. Owned Principal Balance - Owned Principal Balance at the end of the first quarter was $2.6 billion, compared to $2.7 billion in the prior-year quarter. Portfolio Yield - Portfolio Yield for the first quarter was 32.1%, compared to 33.0% in the prior-year quarter. This decrease was driven by reduced originations and therefore lower origination fees, as we continued to operate under a conservative credit posture. Net Interest Margin Ratio - Net Interest Margin Rati...

Image source: The Motley Fool. Thursday, May 7, 2026 at 5 p.m. ET Chief Executive Officer — Doug Bland Interim Chief Financial Officer, Treasurer, and Head of Capital Markets — Paul Appleton Senior Vice President of Investor Relations — Dorian Hare Chief Legal Officer — Kate Layton Senior Vice President and General Manager of Lending — Gaurav Rana Need a quote from a Motley Fool analyst? Email [email protected] Operator: Welcome to Oportun Financial Corporation's first quarter 2026 earnings conference call. All lines have been placed on mute to prevent background noise. After the speakers' remarks, there will be a question and answer session. Today's call is being recorded. For opening remarks and introductions, I would like to turn the call over to Dorian Hare, Senior Vice President of Investor Relations. Dorian, you may begin. Dorian Hare: Thanks, and hello, everyone. With me to discuss Oportun Financial Corporation's first quarter 2026 results are Doug Bland, our Chief Executive Officer, and Paul Appleton, our Interim Chief Financial Officer, Treasurer, and Head of Capital Markets. Kate Layton, Oportun Financial Corporation's Chief Legal Officer, and Gaurav Rana, our Senior Vice President and General Manager of Lending, will also join for the question and answer session. I will remind everyone on the call or webcast that some of the remarks made today will include forward-looking statements related to our business, future results of operations, and financial position, including projected adjusted ROE attainment and expected originations growth, planned products and services, business strategy, expense savings measures, and plans and objectives of management for future operations. Actual results may differ materially from those contemplated or implied by these forward-looking statements, and we caution you not to place undue reliance on these forward-looking statements. A more detailed discussion of the risk factors that could cause these results to differ materially is set forth in our earnings press release and in our filings with the Securities and Exchange Commission under the caption Risk Factors, including our upcoming Form 10-Q filing for the quarter ended 03/31/2026. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or fut...

Interested in Oportun Financial Corporation? Here are five stocks we like better. New CEO Doug Bland kept strategy changes on hold while supporting management’s decision to reiterate full-year guidance as Oportun posted its sixth consecutive quarter of GAAP profitability (GAAP net income $2.3M; adjusted net income $10M) on $229M revenue. Credit metrics showed improvement with an annualized net charge-off of 12.65% in Q1 (management expects this to be the peak for 2026) and a 30+ delinquency rate of 4.5%, and the company plans to deploy an updated underwriting model, V13, in Q2 to incorporate alternative data and reduce adverse selection. Oportun continued deleveraging and liquidity gains, cutting debt-to-equity to 6.8x, raising unrestricted cash to $130M, repaying $100M of high-cost corporate debt (including a $30M post-quarter paydown), and completing a $485M ABS at a 5.32% yield as part of broader capital-market activity. Oportun Financial (NASDAQ:OPRT) reported first-quarter 2026 results that marked its sixth consecutive quarter of GAAP profitability, while management emphasized continued credit tightening, balance sheet optimization, and initiatives aimed at improving returns and supporting longer-term growth. Chief Executive Officer Doug Bland, who joined the company on April 20, said he was using his first earnings call to share early observations rather than outline a new strategy. “I’m not going to use my first earnings call to declare a new strategy before I’ve completed a deeper re-review,” Bland said, adding that he supports reiterating full-year guidance based on his initial assessment. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Bland said the company has made “real progress strengthening the foundation of the business, particularly profitability, liquidity, and funding costs,” while noting that work remains to “improve through-cycle credit performance and rebuild a durable growth engine.” He said his focus is on disciplined execution and further assessment, with an expectation of providing “a clearer view of the path forward” on the second-quarter call. Interim Chief Financial Officer Paul Appleton said the company has maintained “a tight credit posture,” emphasizing returning members amid what he described as an uncertain macroeconomic environment for low- and moderate-income households. → Light Speed Returns: Corning Ca...

New CEO Doug Bland is conducting a comprehensive strategic review while maintaining the existing 2026 plan focused on profitability and liquidity. Management attributed the Q1 net charge-off rate of 12.65% to a 2025 mix shift toward new borrowers, which has since been corrected by prioritizing returning members. The company maintained a tight credit posture, with 79% of originations going to returning members to mitigate macroeconomic uncertainty for low-to-moderate income households. Operational efficiency improved through continued expense discipline, resulting in a 1% year-over-year decline in total operating expenses to $91 million. Strategic deleveraging reduced the debt-to-equity ratio to 6.8x, driven by consistent GAAP profitability and a 30% reduction in high-cost corporate debt. The secured personal loan portfolio grew 30% year-over-year, now representing 9% of the total owned portfolio as a lower-loss growth pillar. Full-year 2026 guidance assumes a mid-single-digit increase in originations and a reduction in interest expense of at least 10%. The company expects the Q1 charge-off rate to be the peak for 2026, with second-half rates projected to reach the 9% to 11% target range. A new risk-based pricing initiative is slated for a second-half rollout, reintroducing pricing above 36% for specific segments via a new bank partner. Management is monitoring high fuel prices as a potential headwind for its core consumer base, though no material deterioration has been observed yet. The rollout of a new payment protection offering is expected to enhance future profitability through lower credit losses and fee generation. Corporate debt principal was reduced to $135 million following a $30 million post-quarter payment, yielding $15 million in annual run-rate savings. The introduction of the B13 underwriting model in Q2 aims to improve predictive power using alternative data and enhanced architecture. Unrestricted cash increased to $130 million, providing a liquidity buffer against macroeconomic volatility and policy uncertainty. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management stated that while the program is progressing, the 2026 guidance only embeds a modest benefit as they intend to 'test into' the new pricing regime. The initiative marks a re...

The market expects TeraWulf Inc. (WULF) to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $34.25 million, down 0.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 7.34% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is signifi...

Oportun Financial Corporation (OPRT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of -47.5%. Revenues are expected to be $229.85 million, down 2.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 4.17% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is...

SAN CARLOS, Calif., April 23, 2026 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, will release financial results for its first quarter 2026 on Thursday, May 7, 2026, after market close. Oportun will host a conference call and earnings webcast to discuss results on Thursday, May 7, 2026, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-866-604-1698 (toll-free) or 1-201-389-0844 (international). Participants should call in 10 minutes prior to the scheduled start time. About Oportun Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $21.8 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com. Investor Contact Dorian Hare (650) 590-4323 [email protected] Media Contact Michael Azzano Cosmo PR for Oportun [email protected] (415) 596-1978

Achieved full-year GAAP profitability of $25 million, a $104 million improvement over 2024, driven by originations growth, credit performance, and aggressive expense management. Shifted originations toward returning members (74% in the second half vs. 64% in the first half) to mitigate higher-than-expected defaults from new member cohorts. Optimized the balance sheet by reducing high-cost corporate debt by $70 million and securing $1.9 billion in ABS funding at sub-6% yields. Expanded the Secured Personal Loan (SPL) portfolio by 39% year-over-year, leveraging loss rates that were more than 600 basis points lower than unsecured products. Maintained a conservative credit posture in response to macro headwinds, including persistent inflation, declining wage growth for low-income earners, and rising fuel costs. Improved the risk-adjusted net interest margin ratio by 55 basis points to 15.8% through better portfolio yield and lower funding costs. Projecting 10% to 21% adjusted EPS growth for 2026, underpinned by mid-single-digit originations growth and a 10% reduction in interest expense. Initiating a return to risk-based pricing above 36% APR for select higher-risk segments to improve unit economics and expand the addressable market. Anticipating Q1 2026 to be the peak for net charge-offs at approximately 12.65%, with moderation to 11.65% for the remainder of the year as tighter underwriting takes effect. Planning to reach a target GAAP ROE of 20% to 28% by reducing operating expenses to 12.5% of the owned portfolio and achieving 10% to 15% annual portfolio growth. Assuming modest incremental profitability from new pricing initiatives in late 2026, with significant earnings power expected to materialize in 2027. Management transition: CEO Raul Vazquez will step down by April 3, 2026, after 14 years of leadership, with an advisory period through July. Debt extinguishment costs of $5.5 million in Q4 impacted GAAP net income but reflect the strategic priority of retiring 15% interest rate corporate debt. Acquisition of the Pathward-serviced loan portfolio is expected to lower long-term funding costs despite short-term derivative-related fair value impacts. Macroeconomic uncertainty remains a primary risk, specifically regarding the resilience of low-to-moderate income consumers amidst uneven job creation. Our analysts just identified a stock with the potential to b...

Oportun Financial Corporation (OPRT) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.85%. A quarter ago, it was expected that this company would post earnings of $0.26 per share when it actually produced earnings of $0.39, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Oportun Financial, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $247.7 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.40%. This compares to year-ago revenues of $250.9 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Oportun Financial shares have added about 4.2% since the beginning of the year versus the S&P 500's gain of 1.5%. While Oportun Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Oportun Financial was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the co...

Achieves fifth consecutive quarter of GAAP profitability Full year 2025 GAAP EPS of $0.53, up $2.48 year-over-year Full year 2025 Adjusted EPS of $1.36, reflecting 89% growth Meets or outperforms each fourth quarter and full year guidance metric SAN MATEO, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the "Company") reported financial results today for the fourth quarter and full year ended December 31, 2025. “We finished 2025 with another solid performance, delivering our fifth consecutive quarter of GAAP profitability and meeting or outperforming each of our guidance metrics,” said Raul Vazquez, CEO of Oportun. “Strong fourth quarter execution and a focus on high-quality originations drove results above the top end of our total revenue guidance range, with total revenue of $248 million. Supported by a fourth quarter annualized net charge-off rate at the low end of expectations, reduced funding costs, and disciplined expense management, we delivered $42 million of Adjusted EBITDA - 15% above the top end of our guidance range.” "Our full year results also demonstrate disciplined execution and our commitment to creating long-term shareholder value. In 2025, we grew originations by 10%, reduced interest expense by 3%, and lowered operating expenses by 12%. As a result, full year 2025 GAAP net income increased by $104 million, Adjusted EPS grew 89%, GAAP ROE improved markedly to 6.8%, and Adjusted ROE improved by nearly 1,000 basis points to 17.5%.” "Looking ahead to full year 2026, we expect improved profitability across metrics. We are guiding to full year Adjusted EPS between $1.50 and $1.65, reflecting 11% to 21% year-over-year growth.” Aggregate Originations were $495 million, a 5% decrease compared to $522 million in the prior-year quarter Owned Principal Balance at end-of-period was $2.74 billion, an increase of 2% compared to $2.68 billion in the prior-year quarter Annualized Net Charge-Off Rate of 12.3%, an increase of 60 basis points compared to 11.7% in the prior-year quarter 30+ Day Delinquency Rate of 4.9%, an increase of 13 basis points compared to 4.8% for the prior-year quarter Aggregate Originations were $2.0 billion, a 10% increase compared to $1.8 billion in the prior year Annualized Net Charge-Off Rate of 12.0%, in line with the 12.0% attained in the prior year. Operational Drivers Orig...