CURO Group Holdings Corp. (NYSE:CURO – Get Rating) – Research analysts at Jefferies Financial Group lowered their Q1 2023 earnings estimates for shares of CURO Group in a report released on Tuesday, January 10th. Jefferies Financial Group analyst J. Hecht now forecasts that the company will post earnings per share of $0.20 for the quarter, down from their prior estimate of $0.25. The consensus estimate for CURO Group's current full-year earnings is ($0.92) per share. Jefferies Financial Group also issued estimates for CURO Group's Q3 2023 earnings at $0.19 EPS, Q1 2024 earnings at $0.70 EPS, Q2 2024 earnings at $0.22 EPS, Q4 2024 earnings at $0.66 EPS and FY2024 earnings at $1.78 EPS.

CURO Group (NYSE:CURO – Get Rating) last released its quarterly earnings results on Wednesday, November 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.29). CURO Group had a negative return on equity of 29.48% and a negative net margin of 2.71%. The firm had revenue of $214.12 million for the quarter, compared to analysts' expectations of $220.83 million.

CURO Group Price Performance

CURO opened at $4.47 on Thursday. The company has a debt-to-equity ratio of 19.68, a quick ratio of 10.73 and a current ratio of 10.73. The company has a market capitalization of $180.97 million, a P/E ratio of -6.30 and a beta of 2.61. CURO Group has a 1-year low of $2.96 and a 1-year high of $17.12. The company has a 50-day moving average of $3.49 and a 200-day moving average of $5.06.

Institutional Investors Weigh In On CURO Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Key Colony Management LLC acquired a new stake in shares of CURO Group in the 3rd quarter worth about $879,000. Vanguard Group Inc. grew its holdings in CURO Group by 11.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,224,085 shares of the company's stock worth $4,907,000 after buying an additional 129,003 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in CURO Group in the 2nd quarter valued at approximately $457,000. Exchange Traded Concepts LLC bought a new stake in CURO Group during the 2nd quarter valued at $404,000. Finally, Long Focus Capital Management LLC boosted its position in CURO Group by 7.0% during the 3rd quarter. Long Focus Capital Management LLC now owns 918,784 shares of the company's stock worth $3,684,000 after acquiring an additional 60,000 shares during the period. 34.85% of the stock is currently owned by institutional investors.

CURO Group Company Profile

(Get Rating)

CURO Group Holdings Corp., together with its subsidiaries, provides consumer finance products in the United States and Canada. The company offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales, and money transfer services.

Featured Articles

• Get a free copy of the StockNews.com research report on CURO Group (CURO)
• Optimism About Global Demand For Metals Boosts BHP, Other Miners
• Exxon Mobil Expects Earnings and Cash Flow to Grow
• Sorrento Therapeutics, Scilex: 2 Hot Pharma Stocks On the Move
• Is The Great Alibaba Recovery About To Begin?
• KB Home, Another Reason To Shed Home Building Stocks

Receive News & Ratings for CURO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CURO Group and related companies with MarketBeat.com's FREE daily email newsletter.