FMP

FMP

CURO Group Shares Down 5% on Disappointing Q4 Guidance

CURO Group Holdings Corp. (NYSE:CURO) shares closed more than 5% lower on Wednesday. The company’s management issued a new investor presentation with a Q4/21 guidance that appears to be disappointing to many investors.

The company expects Q4 adjusted EPS to be between ($0.37)-($0.34), which is below the consensus estimate of ($0.01). The management estimates quarterly revenue to be over $220 million, with net revenue of over $124 million.

The company also announced the closing of its planned acquisition of Heights Finance.