CURO Group growth projected for 24 to 30 percent
It has been estimated by analyst Bob Napoli that Curo Group would generate earnings per share of $2.31 in 2018, $2.94 in 2019 and 3.82 in 2020.
If it comes to pass, the growth will be 24 percent this year, 27 percent in 2019 and 30 percent in 2020.
"We believe CURO is well positioned to deliver meaningful revenue and earnings growth over the next several years," Napoli said. "We believe CURO is helping address the large void in the nonprime consumer segment created from the reduction of credit availability from traditional sources following the Great Recession."
Napoli said the platform is scalable and will translate into meaningful margin expansion. Curo has produced strong cash flows since its inception by making the growth of the company organic.