Zacks: Brokerages Anticipate Curo Group Holdings Corp (NYSE:CURO) to Post $0.55 Earnings Per Share
Equities analysts predict that Curo Group Holdings Corp (NYSE:CURO) will announce earnings of $0.55 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Curo Group’s earnings, with the highest EPS estimate coming in at $0.62 and the lowest estimate coming in at $0.51. Curo Group reported earnings of $0.23 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 139.1%. The business is scheduled to issue its next quarterly earnings results on Wednesday, October 23rd.
According to Zacks, analysts expect that Curo Group will report full year earnings of $2.65 per share for the current year, with EPS estimates ranging from $2.56 to $2.69. For the next year, analysts expect that the firm will report earnings of $2.92 per share, with EPS estimates ranging from $2.14 to $3.14. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Curo Group.
Curo Group (NYSE:CURO) last posted its earnings results on Monday, July 29th. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.09. The company had revenue of $264.30 million during the quarter, compared to analyst estimates of $270.32 million. Curo Group had a positive return on equity of 429.23% and a negative net margin of 2.94%.
Shares of NYSE:CURO traded up $0.86 during trading on Friday, hitting $14.20. 4,944 shares of the company traded hands, compared to its average volume of 323,161. The stock has a market capitalization of $597.53 million, a price-to-earnings ratio of 8.18 and a beta of 3.72. The business’s fifty day moving average is $11.64 and its 200-day moving average is $10.90. Curo Group has a one year low of $8.73 and a one year high of $32.20. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 13.39.
Hedge funds have recently modified their holdings of the stock. BNP Paribas Arbitrage SA grew its holdings in Curo Group by 3,582.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,504 shares of the company’s stock worth $25,000 after buying an additional 2,436 shares in the last quarter. Quantamental Technologies LLC bought a new position in Curo Group in the 2nd quarter worth approximately $28,000. Bank of Montreal Can grew its holdings in Curo Group by 367.7% in the 2nd quarter. Bank of Montreal Can now owns 3,124 shares of the company’s stock worth $34,000 after buying an additional 2,456 shares in the last quarter. Squarepoint Ops LLC grew its holdings in Curo Group by 12.1% in the 4th quarter. Squarepoint Ops LLC now owns 17,747 shares of the company’s stock worth $168,000 after buying an additional 1,916 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its holdings in Curo Group by 13.9% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 17,159 shares of the company’s stock worth $190,000 after buying an additional 2,096 shares in the last quarter. 49.78% of the stock is owned by institutional investors and hedge funds.
About Curo Group
CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.
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