OppFi Inc (NYSE:OPFI) on Monday reported worse-than-expected second-quarter financial results and cut its FY26 guidance below estimates.
OppFi reported quarterly earnings of 33 cents per share which missed the analyst consensus estimate of 45 cents per share.
The company reported quarterly sales of $145.170 million which missed the analyst consensus estimate of $155.898 million.
OppFi cut its FY2026 adjusted EPS guidance from $1.76-$1.84 to $1.34-$1.51 and also lowered sales guidance from $650.000 million-$675.000 million to $600.000 million-$625.000 million.
"The strategic transformation of OppFi continues to gain momentum as we execute against the initiatives that lay the foundation for our next chapter," said Todd Schwartz, CEO and Executive Chairman.
