NYSE$ENVA

Enova International Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported a strong quarter with growth across all businesses.

Enova International reported a strong third quarter with total revenue of $320 million, a 57% increase from the third quarter of 2020. Diluted earnings per share from continuing operations were $1.36, and adjusted earnings per share were $1.50. Total company originations increased 26% sequentially to a record $856 million.

  • Total revenue increased 21% sequentially and 57% from the third quarter of 2020 to $320 million.
  • Diluted earnings per share from continuing operations of $1.36 and adjusted earnings per share of $1.50.
  • Total company originations increased 26% sequentially to a record $856 million.
  • Consolidated portfolio net charge-offs as a percentage of average combined loan and finance receivables of 4.2%, down from 4.7% in the third quarter of 2020.

Headline financials

Total Revenue

$320M

Previous: $205M+56.5%
EPS (adj)

$1.50

Previous: $2.97-49.5%
Net revenue margin

77.0%

Previous: 88.9%-13.4%
Capital Expenditures

-$22M

Previous: -$19.8M-11.1%
Free Cash Flow

$29.5M

Previous: $73.8M-60.0%
Net Income

$51.5M

Previous: $93.7M-45.0%
Operating Income

$86.2M

Previous: $122M-29.3%
Gross Profit

$246M

Previous: $182M+35.5%
Cash & Equivalents

$229M

Previous: $490M-53.3%
Total Assets

$2.47B

Previous: $1.63B+51.0%
Stock-Based Comp

$5.02M

Previous: $3.77M+33.2%

Revenue & EPS history

Enova · Revenue · Quarterly

$320M

Q3 2021+56.5%vs Q3 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Enova · $203M total across 1 segment · Q3 2020

  • Company owned revenue
    $203M-21.5%

Forward guidance

Given the ongoing uncertainties in the operating environment the Company is not providing guidance for the fourth quarter of 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+2.6%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+4.9%

Avg return

30 days after

59%

30 / 51 earnings

Positive

+30.7%

Q1 2018

Best reaction

-20.9%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.6%-0.5%-7.0%
Q4 2025+0.3%+9.3%-11.8%
Q3 2025+10.1%+6.4%+8.9%
Q2 2025-2.8%-2.2%+4.6%
Q1 2025-7.8%-6.0%-6.9%
Q4 2024+1.6%+0.7%-19.0%
Q3 2024+2.3%-0.7%+18.4%
Q2 2024+5.5%+11.3%+12.1%
Q1 2024+3.8%+3.3%-3.7%
Q4 2023-7.7%-8.5%+7.2%
Q3 2023-20.9%-12.9%-11.4%
Q2 2023-1.2%-3.7%-11.0%
Q1 2023-14.3%-9.6%-4.6%
Q4 2022+14.9%+13.1%+10.8%
Q3 2022+15.9%+18.8%+23.7%
Q2 2022+2.1%-1.2%+6.7%
Q1 2022-0.4%-11.6%-16.8%
Q4 2021+5.7%+17.7%-0.3%
Q3 2021+4.5%+12.7%+25.3%
Q2 2021+2.6%-0.2%+4.5%
Q1 2021-4.1%-2.2%+6.1%
Q4 2020+16.4%+20.1%+45.9%
Q3 2020-1.1%-9.4%+30.8%
Q2 2020+11.9%+17.4%+25.4%
Q1 2020+21.8%-6.9%-2.7%
Q4 2019+10.8%-13.4%-20.5%
Q3 2019+8.5%+13.6%+7.4%
Q2 2019+11.6%+20.4%+6.9%
Q1 2019+17.8%+6.6%-11.4%
Q4 2018+2.8%+2.8%+7.6%
Q3 2018+7.8%+10.5%-3.1%
Q2 2018-15.8%-17.1%-5.3%
Q1 2018+30.7%+34.5%+44.8%
Q4 2017+13.1%+9.8%+22.6%
Q3 2017+3.1%+3.8%+4.5%
Q2 2017-7.3%-11.4%-27.4%
Q1 2017-3.1%+0.7%-8.5%
Q4 2016+6.7%+2.5%-2.1%
Q3 2016+6.2%+3.4%+33.1%
Q2 2016-1.0%+0.3%+11.8%
Q1 2016-2.6%
Q4 2015-2.3%
Q3 2015-8.3%
Q2 2015-8.7%
Q1 2014-2.6%
Q1 2015+2.6%
Q2 2014+5.7%
Q4 2012+5.7%
Q4 2014+5.7%
Q3 2014-5.2%
Q4 2013-5.2%
Q3 2013
Q2 2013
Q1 2013
Q4 2011
Q3 2011
Q4 2010
Q3 2010

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