Curo Group Holdings Corp (CURO) Expected to Announce Earnings of $0.69 Per Share

Wall Street analysts expect Curo Group Holdings Corp (NYSE:CURO) to announce earnings per share (EPS) of $0.69 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Curo Group’s earnings, with estimates ranging from $0.62 to $0.75. Curo Group reported earnings per share of $0.75 during the same quarter last year, which would suggest a negative year-over-year growth rate of 8%. The firm is expected to report its next quarterly earnings results on Thursday, April 25th.

According to Zacks, analysts expect that Curo Group will report full year earnings of $2.47 per share for the current financial year, with EPS estimates ranging from $2.35 to $2.54. For the next financial year, analysts expect that the business will post earnings of $3.10 per share, with EPS estimates ranging from $2.91 to $3.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Curo Group.

Curo Group (NYSE:CURO) last announced its quarterly earnings results on Thursday, January 31st. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. Curo Group had a negative net margin of 4.36% and a positive return on equity of 386.32%. The firm had revenue of $300.57 million during the quarter, compared to analysts’ expectations of $299.89 million.

Several brokerages have recently weighed in on CURO. Zacks Investment Research cut shares of Curo Group from a “hold” rating to a “sell” rating in a research report on Tuesday, February 12th. William Blair reaffirmed an “outperform” rating on shares of Curo Group in a research report on Tuesday, January 29th. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a $20.00 price target on shares of Curo Group in a research report on Monday, January 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Curo Group currently has an average rating of “Hold” and an average price target of $31.00.

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new stake in Curo Group during the third quarter valued at approximately $254,000. Rhumbline Advisers purchased a new stake in Curo Group during the third quarter valued at approximately $263,000. MetLife Investment Advisors LLC purchased a new stake in Curo Group during the third quarter valued at approximately $271,000. Alliancebernstein L.P. purchased a new stake in Curo Group during the third quarter valued at approximately $323,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in Curo Group during the fourth quarter valued at approximately $109,000. 49.06% of the stock is owned by institutional investors.

Shares of CURO opened at $10.56 on Monday. Curo Group has a fifty-two week low of $8.73 and a fifty-two week high of $32.20. The company has a market capitalization of $466.02 million, a PE ratio of 5.74 and a beta of 3.52. The company has a debt-to-equity ratio of 88.29, a current ratio of 6.71 and a quick ratio of 6.71.

Curo Group Company Profile

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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Earnings History and Estimates for Curo Group (NYSE:CURO)

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