LendingClub (LC) Surpasses Q2 Earnings and Revenue Estimates
LCLendingClub(LC) ZACKS·2024-07-31 06:36

LendingClub (LC) came out with quarterly earnings of 0.13pershare,beatingtheZacksConsensusEstimateof0.13 per share, beating the Zacks Consensus Estimate of 0.04 per share. This compares to earnings of 0.09pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof2250.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 225%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of 0.03 per share when it actually produced earnings of $0.11, delivering a surprise of 266.67%.Over ...