Depth Check – Enova International (ENVA) – 3Q Earnings Support the Investment Thesis

Overview: Last week, Enova International (ticker: ENVA) announced third quarter earnings.  The headline numbers were strong with revenue of $320MM up 57% from last year and beating analyst estimates of $286MM.  Adjusted Earnings of $1.50 were down from $2.97 last year and beat analyst estimates of $1.11.  We’ll go over the reason for the drop...

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