Elevate Credit (NYSE:ELVT) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:20 PM.
Here’s what investors need to know about the announcement.
Earnings
Elevate Credit beat estimated earnings by 50.0%, reporting an EPS of $-0.21 versus an estimate of $-0.42.
Revenue was up $33.07 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 7.47% drop in the share price the next day.
Here’s a look at Elevate Credit’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.34 | -0.37 | -0.19 | -0.10 |
| EPS Actual | -0.44 | -0.42 | -0.28 | -0.09 |
| Revenue Estimate | 123.27M | 128.02M | 100.51M | 89.41M |
| Revenue Actual | 124.24M | 129.53M | 112.83M | 84.54M |
To track all earnings releases for Elevate Credit visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
