Goeasy Q2 Adjusted EPS Swings to $1.02 on Smaller Loan Book, Lower Provisions
The Canadian non-prime lender reported a turnaround in earnings as originations fell 70% year over year to $272 million. Goeasy (TSE:GSY) posted second-quarter adjusted diluted earnings per share of $1.02, reversing a $1.90 loss in the prior quarter. The improvement stemme