CURO Group (CURO) reported earnings on Wed 24 Oct 2018 (a/h)

CURO Group is a payday lender -- i.e., it provides short-term credit to underbanked consumers.
Sector: Financial Services
Industry: Credit Services
Full Time Employees: 4,180
Founded: 1997
Headquarters: Wichita, Kansas
http://www.curo.com

 

The company was formerly known as Speedy Group Holdings Corp. and changed its name to CURO Group Holdings Corp. in May 2016.

Recent IPO CURO Group indicated lower following Q3 earnings miss with lowered 2018 EPS guidance

• Reports Q3 adj EPS of $0.23 vs $0.52 Capital IQ Consensus; revs +10.9% y/y to $283 mln vs $277.3 mln Capital IQ Consensus
• 2018 Adjusted Diluted Earnings per Share of $1.84 to $1.88 compared to prior range of $2.25 to $2.40 (vs $2.45 est); Revenue of $1.090 -1.095 billion , increased from prior range of $1.025 -1.080 billion (vs $1.09 bln est); Adjusted EBITDA in the range of $215 -218 million compared to prior range of $245 -255 million