LendingClub (LC) Q4 Earnings and Revenues Beat Estimates
LCLendingClub(LC) Zacks Investment Research·2024-01-31 07:16

LendingClub (LC) came out with quarterly earnings of 0.09pershare,beatingtheZacksConsensusEstimateof0.09 per share, beating the Zacks Consensus Estimate of 0.02 per share. This compares to earnings of 0.19pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof3500.19 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 350%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of 0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%. Over t ...