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Stock impact report

Personal Loan Stocks Q2 Results: Benchmarking Enova (NYSE:ENVA) [Yahoo! Finance]

Enova International, Inc. (ENVA) 
Last enova international, inc. earnings: 4/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ir.enova.com
Company Research Source: Yahoo! Finance
Personal loan providers offer unsecured credit for various consumer needs. The sector benefits from digital application processes, increasing consumer comfort with online financial services, and opportunities in underserved credit segments. Headwinds include credit risk management in unsecured lending, regulatory oversight of lending practices, and intense competition affecting margins from both traditional and fintech lenders. The 9 personal loan stocks we track reported an exceptional Q2. As a group, revenues beat analysts' consensus estimates by 4.9% while next quarter's revenue guidance was 1.5% below. Luckily, personal loan stocks have performed well with share prices up 13.2% on average since the latest earnings results. Enova (NYSE:ENVA) Pioneering online lending since 2004 with a massive database of over 65 terabytes of customer behavior data, Enova International (NYSE:ENVA) provides online financial services including installment loans and lines of credit to non-prim Show less Read more
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