Earnings / Consumer Lending
Enova tops $1 billion in quarterly revenue for the first time as originations rise 31% from a year earlier
Diluted earnings of $4.06 a share rose 34% from a year earlier and adjusted EPS rose 33%. Marketing expense rose 55.9% from a year earlier, net charge-offs eased to 8.1% from 8.5%, and loans 30+ days delinquent rose to 8.0% from 7.2%.