Mar. 14 at 1:00 AM
$ATLC Atlanticus reports Q4 EPS
$1.42, consensus
$1.27
Reports Q4 revenue
$353.2M, consensus
$355.02M. Return on average equity was 22.3%. CEO Jeff Howard stated, "We are pleased to have once again achieved our return on capital targets while prudently growing our business...Despite these challenges, over the last 5 years we have grown managed receivables on a compounded annual growth rate of 24%, revenue by 31%, and earnings by 29%, all while maintaining a return on common equity capital of over 20%.
Although we continue to manage through lingering effects from these challenges, we are excited about what lies ahead. While our primary focus is on achieving at or above targeted returns on our capital, we see opportunity to continue achieving above market rates of growth across our business."
