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Open Lending (LPRO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2024, Open Lending (LPRO - Free Report) reported revenue of $24.4 million, up 63.3% over the same period last year. EPS came in at -$0.49, compared to -$0.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $27.19 million, representing a surprise of -10.27%. The company delivered an EPS surprise of -2550.00%, with the consensus EPS estimate being $0.02.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Open Lending performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Profit share: -$73.16 million versus the four-analyst average estimate of $12.98 million. The reported number represents a year-over-year change of -627%.
- Revenue- Program fees: $13.73 million versus $13.67 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -4% change.
- Revenue- Claims administration service fees: $2.50 million versus $2.49 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2% change.
View all Key Company Metrics for Open Lending here>>>Shares of Open Lending have returned -73.4% over the past month versus the Zacks S&P 500 composite's -5.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.