Open Lending Past Earnings Performance
Past criteria checks 2/6
Open Lending has been growing earnings at an average annual rate of 49.3%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 14.8% per year. Open Lending's return on equity is 10.7%, and it has net margins of 18.8%.
Key information
49.3%
Earnings growth rate
64.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 14.8% |
| Return on equity | 10.7% |
| Net Margin | 18.8% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Open Lending Corporation's (NASDAQ:LPRO) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors
Apr 13
There's Reason For Concern Over Open Lending Corporation's (NASDAQ:LPRO) Price
Feb 06These Analysts Think Open Lending Corporation's (NASDAQ:LPRO) Sales Are Under Threat
Nov 09Improved Earnings Required Before Open Lending Corporation (NASDAQ:LPRO) Shares Find Their Feet
Dec 21Some Open Lending Corporation (NASDAQ:LPRO) Analysts Just Made A Major Cut To Next Year's Estimates
Nov 07Open Lending appoints Keith Jezek as CEO
Oct 06News Flash: 11 Analysts Think Open Lending Corporation (NASDAQ:LPRO) Earnings Are Under Threat
Aug 06Open Lending stock slides 9% after Morgan Stanley downgrades on headwinds
Jul 25JMP cuts PT on Open Lending, reiterates Market Outperform rating
Jul 13Open Lending: Steady And Secure Growth
Apr 27Revenue & Expenses BreakdownBeta
How Open Lending makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 117 | 22 | 61 | 6 |
| 30 Sep 23 | 129 | 23 | 59 | 6 |
| 30 Jun 23 | 154 | 44 | 60 | 7 |
| 31 Mar 23 | 168 | 56 | 57 | 8 |
| 31 Dec 22 | 180 | 67 | 54 | 8 |
| 30 Sep 22 | 204 | 99 | 48 | 8 |
| 30 Jun 22 | 213 | 104 | 44 | 7 |
| 31 Mar 22 | 222 | 156 | 43 | 6 |
| 31 Dec 21 | 216 | 146 | 42 | 4 |
| 30 Sep 21 | 204 | 133 | 46 | 3 |
| 30 Jun 21 | 175 | 33 | 43 | 3 |
| 31 Mar 21 | 135 | -93 | 36 | 2 |
| 31 Dec 20 | 109 | -91 | 40 | 2 |
| 30 Sep 20 | 95 | -151 | 24 | 2 |
| 30 Jun 20 | 88 | -127 | 21 | 1 |
| 31 Mar 20 | 91 | -84 | 22 | 1 |
| 31 Dec 19 | 93 | -112 | 21 | 1 |
| 31 Dec 18 | 52 | -44 | 18 | 1 |
| 31 Dec 17 | 32 | -13 | 13 | 1 |
Quality Earnings: LPRO has high quality earnings.
Growing Profit Margin: LPRO's current net profit margins (18.8%) are lower than last year (37.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LPRO has become profitable over the past 5 years, growing earnings by 49.3% per year.
Accelerating Growth: LPRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LPRO had negative earnings growth (-66.9%) over the past year, making it difficult to compare to the Capital Markets industry average (-2.6%).
Return on Equity
High ROE: LPRO's Return on Equity (10.7%) is considered low.