Enova International: Fourth Quarter Earnings Overview

Enova International Announces Fourth-Quarter Earnings

Enova International Inc., headquartered in Chicago, revealed on Tuesday that it earned $79 million in net income during the fourth quarter.

The company reported earnings of $3 per share. When excluding certain one-time items, adjusted earnings reached $3.46 per share.

These results surpassed the expectations of Wall Street analysts, who, according to a Zacks Investment Research survey of three experts, had predicted earnings of $3.20 per share.

Enova, which specializes in online financial services, generated $839.4 million in revenue for the quarter.

Looking at the full year, Enova posted a profit of $308.4 million, or $11.52 per share, with total annual revenue amounting to $3.15 billion.